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Established And Profitable Restaurant In Iredell County For Sale

Iredell County, North Carolina, US
Asking Price:
$299,000 Furniture / Fixtures included
Sales Revenue:
$445,426
Cash Flow:
$73,006

Your chance to own a Little NY Greek Style Diner down South, already established, with record breaking sales all through the COVID-19 pandemic. Located in the busiest well established strip mall in the heart of Lake Norman, South Iredell County, on the cross road of a major highway and interstate. This area is a busy, rapidly growing area with people continually moving in from all over. All furniture, fixtures, equipment and inventory are here for you to walk in and run with this exploding business with many opportunities for additional growth. The seller has many ideas to share with the new owner on how to even make this little diner better! Unfortunately, with the seller's health issues he is not able to take it where he hoped to. The diner has been in the same location for 7 years with sales increasing every year, including, even record sales, during the pandemic. Inquire today!

Property Information

Real Estate:

Lease

Leasehold Rent:

$28,800 per annum

Location:

This restaurant is located in South Iredell County, in the heart of the Lake Norman Area in one of the busiest strip centers in the town.

Business Operation

Expansion Potential:

There is plenty of room for growth, especially in this fast-growing market, with the addition of evening hours.

Competition / Market:

With many competitors in the market area, this business thrives on the basis of quality, service and price.

Reasons for selling:

Health concerns of the seller.

Trading hours:

Mon – Sat: 7 am – 2 pm, Sunday, 8 am – 2 pm.

Employees:
11
Years established:
2014

Other Information

Support & training:

Seller will train a new owner. Length of time is negotiable.

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

The seller will consider some financing to the right, qualified buyer.

Furniture / Fixtures value:
$85,200 - included in the asking price
Relocatable:
This business can be relocated.

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