Sharky’s is still in possession of its space at 4032 Cox. Rd. Photo by Michael Thompson.
A pool hall in Innsbrook has shut down as it faces charges from Virginia ABC.
Sharky’s Bar and Billiards closed its doors last week at 4032 Cox Rd. in the Innsbrook Shoppes.
Sidney Gunst, who owns the shopping center, and broker Kevin South of CBRE who handles leasing, both confirmed that Sharky’s had closed, at least temporarily.
“They’re still in possession of the space at Innsbrook,” South said. “We’re working through the process to figure out what’s going to happen.”
Sharky’s shuttering coincides with it being charged with several ABC violations. According to an ABC docket, the charges are failure to report documentation of food and beverage sales, defrauding the agency’s board, and not meeting the food and beverage ratio for a mixed beverage license. A hearing for the charges is set for March 16.
ABC Spokesperson Jennifer Guild said the charges could lead to Sharky’s losing its ABC license.
“Potential consequences include the license being suspended, a fine or a combination of the two,” she said in an email. “The license could also be revoked.”
Sharky’s isn’t the only local restaurant battling the state’s food and beverage ratio, known as the “45 percent rule.” It requires restaurants and bars to maintain a ratio between food and liquor sales in order to keep their mixed beverage licenses. Currently, those licenses require an establishment to have at least 45 percent of its sales come from food and nonalcoholic beverages.
A group of Richmond restaurant owners and dining enthusiasts formed recently to build momentum for proposed state legislation aimed at changing the ratio. A bill that would have reduced the amount of food mixed beverage license holders had to sell was introduced in this year’s General Assembly but continued by the House to 2017.
South said to his knowledge Sharky’s had opened more than 10 years ago.
The Innsbrook Shoppes has two parcels available: a 1,585-square-foot space formerly home to Tidal Wheel and a 5,800-square-foot space formerly home to an Indian restaurant.
Sharky’s is still in possession of its space at 4032 Cox. Rd. Photo by Michael Thompson.
A pool hall in Innsbrook has shut down as it faces charges from Virginia ABC.
Sharky’s Bar and Billiards closed its doors last week at 4032 Cox Rd. in the Innsbrook Shoppes.
Sidney Gunst, who owns the shopping center, and broker Kevin South of CBRE who handles leasing, both confirmed that Sharky’s had closed, at least temporarily.
“They’re still in possession of the space at Innsbrook,” South said. “We’re working through the process to figure out what’s going to happen.”
Sharky’s shuttering coincides with it being charged with several ABC violations. According to an ABC docket, the charges are failure to report documentation of food and beverage sales, defrauding the agency’s board, and not meeting the food and beverage ratio for a mixed beverage license. A hearing for the charges is set for March 16.
ABC Spokesperson Jennifer Guild said the charges could lead to Sharky’s losing its ABC license.
“Potential consequences include the license being suspended, a fine or a combination of the two,” she said in an email. “The license could also be revoked.”
Sharky’s isn’t the only local restaurant battling the state’s food and beverage ratio, known as the “45 percent rule.” It requires restaurants and bars to maintain a ratio between food and liquor sales in order to keep their mixed beverage licenses. Currently, those licenses require an establishment to have at least 45 percent of its sales come from food and nonalcoholic beverages.
A group of Richmond restaurant owners and dining enthusiasts formed recently to build momentum for proposed state legislation aimed at changing the ratio. A bill that would have reduced the amount of food mixed beverage license holders had to sell was introduced in this year’s General Assembly but continued by the House to 2017.
South said to his knowledge Sharky’s had opened more than 10 years ago.
The Innsbrook Shoppes has two parcels available: a 1,585-square-foot space formerly home to Tidal Wheel and a 5,800-square-foot space formerly home to an Indian restaurant.