Posh, a nightclub in Shockoe Bottom, has reopened after being padlocked this month by the state for overdue taxes.
Owner Charles Tarrer said he has paid some of what is owed and has worked out a deal to pay the rest.
“I’ve got no complaints about it,” Tarrer said. “They gave us a fair opportunity to stay in business.”
Tarrer said the back taxes were inherited when he bought the business in July 2009.
“I was under the impression it was one amount, but it was more than what they told us it was,” Tarrer said.
The club is at 1713 E. Main St. and was previously known as Pearl Lounge.
A notice posted on the premises stated that the business owed about $50,000 in back taxes. Tarrer said some of that had been paid off and that the current amount due was far below that, but he didn’t say exactly how much.
Tarrer said he is fortunate to have been able to reopen, as many other clubs that have closed over tax issues haven’t had the resources to do so.
“Lots of people in this business don’t have access to capital,” Tarrer said.
“If you have a lot of money, you wouldn’t get into this business, if you understood the headache and time it takes. It is not something you do unless you love it.”
Posh, a nightclub in Shockoe Bottom, has reopened after being padlocked this month by the state for overdue taxes.
Owner Charles Tarrer said he has paid some of what is owed and has worked out a deal to pay the rest.
“I’ve got no complaints about it,” Tarrer said. “They gave us a fair opportunity to stay in business.”
Tarrer said the back taxes were inherited when he bought the business in July 2009.
“I was under the impression it was one amount, but it was more than what they told us it was,” Tarrer said.
The club is at 1713 E. Main St. and was previously known as Pearl Lounge.
A notice posted on the premises stated that the business owed about $50,000 in back taxes. Tarrer said some of that had been paid off and that the current amount due was far below that, but he didn’t say exactly how much.
Tarrer said he is fortunate to have been able to reopen, as many other clubs that have closed over tax issues haven’t had the resources to do so.
“Lots of people in this business don’t have access to capital,” Tarrer said.
“If you have a lot of money, you wouldn’t get into this business, if you understood the headache and time it takes. It is not something you do unless you love it.”