Restaurant Major Price Reduction

123 Route 29 North, Charlottesville, VA 22901
Business Opportunity for Sale
Also listed as Hospitality, Retail-Commercial
Catylist Listing ID: 30458457
Property Subtypes: Food and Beverage
Building Size (RSF): 2,350 SF
Sale Price: $195,000
Name of Establishment: Call Agent
Year Business Established: 2000
Gross Revenue: $650,000 (Annual)
Cash Flow: $80,000 (Annual)
Sale Terms: Determined on a per deal basis
Last Updated: 3/27/2020

Overview / Comments

Established route 29 restaurant location.
Can include real estate
Private listing as owner does not want the name of the restaurant out there
Please call agent for details

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Industry Segment: Restaurants
Reason for Selling: Retire
Value of Inventory Included ($): $8,000
Value of Furniture, Fixtures, and Equipment ($): $100,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: Purchaser may elect for a 5 year lease with a 5 year option Or a purchase of real estate can be discussed
Employee/Labor Description: TBD
Mgmt/Training Support Description: TBD
Competition/Market Description: TBD
Growth/Expansion Opportunities: TBD
Seller Financing Description: TBD


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