Full Service Craft Burger Restaurant- Absentee

Not Disclosed, NC
Guilford County


Asking Price: Annual Revenue:
$250,000 $1,398,475

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Full Service Craft Burger Restaurant- Absentee Broker: Joe Santora
Owner Financing is Available!
$200,000.00

Quick Facts

Asking Price: $250,000
Annual Revenue: $1,398,475
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 39
BBN Listing #: 254351612
Broker Reference #: 76761-579749

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Business Overview:

This business wont last long

Well known full service craft burger restaurant in Guilford County

Absentee owner

Full liquor license

Local favorite

$500,000 invested in leasehold improvements and new equipment in the past 24 months

Seller will accept a cash offer of $250,000

OR

Seller financed offer to $300,000 with $100,000 down and $200,000 over 120 months at 7.5% with a monthly payment of $2,374.04

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Property Features and Assets:

One direct competitor in proximity, however, they are not full service.

Market Competition and Expansion:

Growth through marketing, advertising, catering, delivery.

Reason for Selling:

Other business interests.

Additional Details:

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

Relevant Links:

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