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Business for Sale Summary

Established Restaurant for Sale in Charlottesville - 29342

Business Type: other eating & drinking places,other food stores,restaurant/ cafes/ diners
Established Restaurant for Sale in Charlottesville
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This business has received 36 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $175,000
Gross Revenues $275,000 Lease Remaining Register Free to View
Owner’s Cash Flow $45,000 Number of FT Employees Register Free to View


$175,000 Down and Terms to be determined.

Business Description

One of the premium business addresses in town. Close to student body with enrollment over 22,000. Major employers and huge tourist area surrounding this immaculately-kept restaurant. Theaters, dormitories, hospital, office buildings, tech centers- all within walking distance. Area is growing rapidly. Parking available in this unique, urban setting. Facility seats 64. Kitchen layout is conducive to any style cuisine. Increasing hours to provide breakfast creates potential for the bottom line. Currently, signage is not maximized. Can be increased from existing situation. Would increase customer awareness, substantially. This is a potential goldmine for an aggressive, community-oriented user. Deliveries, catering and breakfast speak directly to the bottom line. Do not miss out on this gem, as it will not last long. This can be managed by out-of-town owners, easily. Employment base is hugely-populated with bright young people. Seller is open to financing, with $50,000 down or more. Please contact the broker for further information at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.