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Established And Profitable Restaurant And Bar Fantastic Opportunity In Iredell County For Sale

Iredell County, North Carolina, US
Asking Price:
$550,000 Furniture / Fixtures included
Sales Revenue:
$1,353,776
Cash Flow:
$137,856

Serving breakfast and lunch to area residents since February 2018, this established, well run, turn key restaurant & bar is a fantastic opportunity to own and operate a full-service restaurant in a fast-growing market. The small-town appeal and exceptional food and service make this restaurant exceptional in the area.

Business has proven to be consistent, with about 50 regular family patrons, and serves an average of about 160 people per day. Serving quality, fresh-made food, this restaurant boasts a more upscale clientele and caters to special needs food service.

Located in South Iredell County in the Lake Norman area, there is great potential to grow and expand this business. Do not miss the opportunity to own this restaurant – inquire today!

Property Information

Real Estate:

Lease

Leasehold Rent:

$86,400 per annum

Premises Details:

This restaurant is located in a commercial center in the heart of Lake Norman, NC.

Business Operation

Expansion Potential:

Located in a fast growing market, this business's growth potential is unlimited.

Competition / Market:

With many competitors in the market area, this business competes on the basis of Better quality, fresh-made food, more upscale clientele, and caters to special needs food preparation (serves glutton-free foods).

Reasons for selling:

Seller is retiring.

Trading hours:

7 am – 3 pm, 7 Days Per Week

Employees:
26
Years established:
6

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will stay to support/train a new owner. Length of time & required salary are negotiable.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will consider some financing to the right, qualified buyer.

Relocatable:
This business can be relocated.