Downtown Restaurant–-Big Price Reduction

Undisclosed Address, Charlottesville, VA 22902
Business Opportunity for Sale
Catylist Listing ID: 30295392
Property Subtypes: Food and Beverage
Building Size (RSF): 2,600 SF
Sale Price: $149,000
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: 3/17/2019

Overview / Comments

Established Downtown Restaurant with 20 years in business.
Please contact listing agent for details.
Motivated Sellers

Additional Details

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
Seller Financing Description: Per deal basis based on buyer

Contact

© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Charlottesville Area Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.