Cavalier Diner Restaurant for Sale

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: $149,000
Name of Establishment: Call Agent
Business Website Address: cavalierdiner.ordersnapp.com
Year Business Established: 2000
Gross Revenue: $650,000 (Annual)
Cash Flow: $92,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Sale Terms: Determined on a per deal basis
Last Updated: 8/24/2020

Overview / Comments

Cavalier Diner is in an A location off both 29 and the 250 bypass
With seating for 80+ and 28 parking spaces this is an ideal location for a destination restaurant.
Real Estate is also available
Owner financing available to qualified buyer
Please call agent for details

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Industry Segment: Restaurants
Reason for Selling: Retire
Value of Inventory Included ($): $12,000
Value of Furniture, Fixtures, and Equipment ($): $100,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 3 year lease with a 3 year options available
Employee/Labor Description: Employees will stay per purchasers wishes
Mgmt/Training Support Description: Owner will stay on for transition
Competition/Market Description: well placed between Barracks and Hydraulic road at a signaled intersection on route 29. Good on-site parking.
Growth/Expansion Opportunities: Currently not opened for Dinner only a breakfast and lunch restaurant
Seller Financing Description: TBD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,790 72,953 95,555
Median Age: 31.58 32.79 34.13
Households: 5,643 28,761 37,694

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