Classic American Drive In Restaurant with Real ...

Rockingham County, NC
Rockingham County


Asking Price: Annual Revenue:
$495,000 $730,110

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Classic American Drive In Restaurant with Real ... Broker: Shanon Madrid
Owner Financing is Available!

Quick Facts

Asking Price: $495,000
Annual Revenue: $730,110
Net Profit: Not Disclosed
Cash Flow: $188,962
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1963
Employees: 35
BBN Listing #: 710149171
Broker Reference #: DURHANC001-N69

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Business Overview:

Urgent Sale! Classic American Drive In restaurant has been family owned for 55 years. Sellers have reached retirement age and now is the time to find a young buyer who is ready to take on a legacy. This restaurant is the only America food establishment for 7-10 miles. Repeat customer base generates $700k in revenues year over year and the strong loyalty means huge profits. Sellers Discretionary Earnings is north of $180k every year. For more information please contact Shanon Madrid at smadrid@sunbeltnetwork.com or 919-858-6853 ext 101.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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