Mangione's On Main

Business Opportunity for Sale
Catylist Listing ID: 30754154
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $75,000
Name of Establishment: Mangione's on Main
Business Website Address: https://www.mangionesonmain.com/
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash
Last Updated: 9/1/2021

Overview / Comments

Having safely weathered the pandemic due to a loyal following, low overhead and committed back of house staff, this rare opportunity to own a business on West Main that is just across from ample public parking and has a flexible menu and a full bar.
Having built upon the success of Bella's, Mangione's on Main has increased their customer base and done extensive updates to the kitchen and mechanicals.

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Industry Segment: Restaurants
Reason for Selling: Owner has multiple other businesses and is ready to focus on their other interests that may include a move out of country.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $50,000
Value of Real Estate Included ($): $0
Real Estate Lease Description: Buyer must qualify with Landlord

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,886 71,050 91,680
Median Age: 29.02 31.47 33.75
Households: 9,508 27,891 36,284
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