Corner Restaurant For Sale
Undisclosed Address, Charlottesville, VA 22903
Business Opportunity
for Sale
| Catylist Listing ID: |
30384689 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
5,000 SF
|
| Sale Price: |
$350,000 |
| Year Business Established: |
1953 |
| Gross Revenue: |
$2,000,000 (Annual) |
| Cash Flow: |
$150,000 (Annual) |
| Cash Flow Type: |
EBITDA |
| Relocatable Business: |
Yes |
| Last Updated: |
1/17/2020 |
Overview / Comments
|
Turn-key restaurant opportunity located on the busy UVA corner district. Non-disclosure agreement required. Priced reduced. Perfect as it is or change it to your own concept. Great landlord, long term lease in place at below market terms.
|
Additional Details
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Owner retiring |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$200,000 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
Two years left with two five year options remaining. |
| Mgmt/Training Support Description: |
Owner will stay on to train if needed. |
| Seller Financing Description: |
Some owner financing considered with a full price offer. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
27,514 |
74,632 |
89,555 |
| Median Age: |
25.42 |
31.8 |
33.48 |
| Households: |
8,624 |
29,474 |
35,422 |
|
© Copyright 2001-2020 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.
|
