Bashir's Restaurant Downtown for Sale

Business Opportunity for Sale
Also listed as Hospitality, Retail-Commercial
Catylist Listing ID: 30295392
Property Subtypes: Food and Beverage
Building Size (RSF): 2,685 SF
Sale Price: $50,000
Name of Establishment: Bashirs Teverna
Business Website Address: http://www.bashirs.com/
Year Business Established: 2023
Gross Revenue: $600,000 (Annual)
Cash Flow: $75,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Sale Terms: Cash at Closing. Owner financing available on a per deal basis
Last Updated: 9/27/2020

Overview / Comments

Charlottesville Landmark Restaurant for sale.
LOWEST FULL SERVICE LEASE DOWNTOWN AT $3500 PER MONTH FULL SERVICE
This restaurant has been operating for over 20 years. And has a very large and diverse following
Locally, regionally and nationally recognized for excellence.
Written up in the New York Times as a must visit.
Please contact for information, owner will stay on for transition and good will.
Owner financing available, new lowered price.

Charlottesville
https://www.virginia.org/cities/Charlottesville/

https://www.visitcharlottesville.org/

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Industry Segment: Restaurants
Reason for Selling: Owner retiring
Value of Inventory Included ($): $65,000
Value of Furniture, Fixtures, and Equipment ($): $65,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: FULL service lease at $3500 per month
Employee/Labor Description: Staff will stay upon purchase
Mgmt/Training Support Description: Owner will stay to help buyer with transition
Competition/Market Description: Well loved established restaurant
Growth/Expansion Opportunities: Outdoor seating can be expanded
Seller Financing Description: Per deal basis based on buyer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,178 74,755 88,263
Median Age: 32.05 31.81 33.52
Households: 8,812 29,543 35,026

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