Seller's Contact Information

  • RE:  Established Restaurant For Sale In Catawba
  • Contact:  Justin Scotto
  • License #: #313362

Quick Facts

Asking Price: $219,000
Annual Revenue: $685,393
Net Profit: Not Disclosed
Cash Flow: $117,668
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 20
BBN Listing #: 73188096
Broker Reference #: 9637

Email or Print Listing

Business Overview:

Opportunity is knocking to acquire a Established Business. This Restaurant for Sale is Popular and has Huge Potential. Seller is looking to retire from this amazing Restaurant for Sale. Serving up some of the best food in town for over 10 years. The ground work has been completed for any new buyer. If you are looking for a very successful business then this is the best option for you. Opportunities like this do not last long. This restaurant for sale offered by We Sell Restaurants is located in a Conover, North Carolina. Serving up Breakfast and Lunch . The breakfast menu is popular for its French Toast Pancakes, Biscuits with Gravy, and Grits. For lunch it is serving some very popular Country Steak, Soups, Sandwiches, and Salads. Very popular with the locals as this is the restaurant of choice for the community. This Restaurant for Sale is staffed and training is available with seller.They offer full service dine in and take out. The Restaurant for Sale is fully equipped and in great condition. All equipment has been maintained over the years and ready to go for any buyer. Such equipment as dining tables and chairs, walk in cooler, POS machines, holding cabinets, meat slicer, meat grinder, hood, ovens, multiple storage shelves, prep tables and much more. No need for a buyer to spend anymore on equipment. This one is ready to go! Menu and all recipes included with purchase. Complete confidentiality today so you can jump into this very successful Restaurant for Sale in no time at all. All offers welcome. Is there lending available? You bet. Have a credit score of over 680 with a good credit history and you'll have loan approval with We Sell Restaurants lenders in 48 hours or less! We'll help you every step of the way, as you jump into the American dream of business ownership. At this price, you won't want to miss out on this Restaurant for Sale. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

191 Chairs 6 Bar Stools 36 Tables 6 High Chairs 2 Cash Registers with Drawers 3 SS Table 2ft 3 TVs 1 Custom Bar 24ft 2 Wire Food Carts 22 Wire Racks 1 Electric Salad Bar 1 Ice Machine 1400 gallons 1 Ice Machine 500 Gallons 1 Radio System 9 Camera System 3 Drop In Freezers 1 Glass Door Freezer 1 Table 2ft 2 Three Compartment Sink 1 Double Drawer Warmer 1 Three Door Cooler 1 Hobart Slicer 1 Hobart Grinder 1 SS Table 4ft 1 Laundry Washing Machine 1 Double Oven 1 Grill 2ft 2 Grill 3ft 2 SS Table 6ft 1 Hood 4ft is a Fixture 1 Grill 5ft 2 Deep Fryers 1 Six Burner Stove with Oven 1 Hood 16ft is a Fixture 1 Toaster 2 Pizza Prep Table 2 Microwave 1 Commercial Microwave 1 Warmer with Heat Lamps 1 Single Door Cooler 2 SS Tables 5ft 1 Two Compartment Sink 1 Warming Cabinet 2 Well Warmers 3 SS Table 4ft Heat Lamps Wire wall rack 2 SS wall rack 1 SS hand sink Employee lockers 1 Can Rack 1 Mixer 30qt 1 Walk in Cooler is Fixture 1 Walk in Freezer is a Fixture 4 Racks

Market Competition and Expansion:

Home cooking, Great location on well traveled road, Loyal customer Base.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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Asking Price: $499,000

Thriving Pizzeria Business Ready for Takeover

Not Disclosed, AL
Baldwin County

Family-Owned Pizzeria: • Established in 2019, this restaurant is family-owned and operated. • Specializes in specialty pizzas, located in fast growing Baldwin County. Resilience Amid Challenges: • Successfully navigated challenges such as opening just before the onset of the COVID-19 pandemic, weathering Hurricane Sally in 2020, and overcoming an employee shortage. • Despite adversities, the restaurant not only survived but also thrived. Strong Community Bonds: • Fostered a robust relationship with the local community. • Boasts a loyal customer base with numerous repeat customers, catering to both locals and visitors during the busy season. Commitment to Quality: • Takes pride in using high-quality ingredients. • Recognized for serving the best specialty pizza in the area. Consistent Growth: • Each year revenue has outperformed the previous one, showcasing steady growth. • Anticipates a further increase in customers and sales in the upcoming year. Business Readiness: • Currently turn-key and ready for a new buyer to take over. • Experiences very rare employee turnover, with most staff having been employed for 2-5 years. Growth Opportunities: • Potential to expand business operations by opening seven days a week and extending operating hours. • Presents an attractive opportunity for a new owner to build.

Cash Flow $124,420
Revenue $556,462

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