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  • RE:   Restaurant And Bar For Sale With Owner Benefit
  • Contact:  Justin Scotto

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,427,658
Net Profit: Not Disclosed
Cash Flow: $232,742
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 30
BBN Listing #: 61878096
Broker Reference #: 9832

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Business Overview:

Attention all restaurateurs! This well established Restaurant for Sale is fully staffed with low turnover and ready for new ownership. Here's your chance to own a highly successful independent concept in Hickory, NC. with $1.4M in sales and $232,000 in earnings. Established in 2015, this Restaurant for Sale has built a loyal customer base over the years and is now ready for new ownership due to the current owner's new career opportunity. This local gem boasts a strong reputation and generates impressive sales volume, making it a great investment opportunity for anyone passionate about owning a restaurant. The best part of an independent concept like this Restaurant for Sale is that there are no royalty fees, ad fund fees, or transfer fees. That means more money for you from the $1.4M in sales volume. The recipes, name, and concept will transfer to you in the sale of this location offered by the Restaurant Brokers at We Sell Restaurants. We will also work with you to acquire the full liquor license license to operate. Invest in your future with this Restaurant for Sale. Your investment will provide you the opportunity for success, and it doesn't even hurt that there are some perks to being your own boss! This Restaurant for Sale is a turn-key operation with low hours and great cash flow. It has been established for 8 years and is fully staffed with low turnover, making it a rewarding business venture for someone passionate about owning a restaurant. Our preferred lenders will look at this Restaurant for Sale for lending if you have strong credit and experience in the business. You can choose to keep the current concept or develop your own. Either way, you know this opportunity was built from a strong foundation of success. If you've spent years working and managing a restaurant for someone else, you know you're ready for the independence of your own business. This amazing Restaurant for Sale offers you the opportunity to put your talents and experience to work for you. The Restaurant for Sale resides in a 4,573 square foot space with a very reasonable monthly rent of $6,500 for the impressive sales volume. The space is equipped with an eighteen-foot hood, a six-burner stove with two ovens, a custom bar, walk-in cooler, walk-in freezer, and much more! Don't wait to secure your offer for this Restaurant for sale. This opportunity won't last long, so be sure to call or email the restaurant brokers today to learn more about this investment opportunity! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

74 Chairs 2 TVs 30 Tables 8 Booths 26 High top chairs 4 High top tables 5 Booths 26 Chairs 12 Tables 3 TVs 1 Ice well with drink holder 1 SS hand sink 1 Wire rack 1 POS Machine with printer and cash drawer 1 Two door undercounter cooler 1 Two door keg cooler with four taps 1 Two door undercounter cooler 1 Ice well with drink holder 1 Waiting area bench 2 Waiting area chairs 1 Hostess stand 1 POS machine with printer 2 High chairs 1 Sound system 5 Camera system 1 Three compartment sink 1 SS shelf 1 Pots and pans wall holder 1 Ice machine with ice bin 1 SS cart 1 Convection oven 1 Charbroiler top 1 Undercounter two drawer cooler 1 Two foot ss prep table 2 Deep fryers 1 Deli table 1 Six burner stove with two ovens 1 Flat top 1 Eighteen foot hood is a fixture 1 SS hand sink 1 Five foot ss prep table 4 Wire racks 3 Dunnage racks 1 Slicer 1 SS cart 1 Sheet pan rack 1 SS hand sink 1 Deli table 1 Microwave 5 Spice wall mount racks 1 Six foot ss prep table 1 Walk in cooler is a fixture 4 Wire racks 1 Walk in freezer is a fixture 3 Wire racks 1 Sheet pan rack 1 Five foot ss prep table 1 SS shelf 1 Hobart mixer 1 Food processor 1 Four foot ss prep table 1 Warmer 1 SS cart 1 POS machine with printer 1 SS hand sink 1 SS wall shelf 1 Oven cabinet 1 Three well steam table 2 Kitchen printers 1 Six foot ss table with two shelves 2 Warming lights 1 Deli table 2 Kitchen printers 1 Four foot ss prep table 1 Outdoor Chair 1 Outdoor table 2 Outdoor benches 1 Outdoor table 16 Outdoor chairs 4 Outdoor tables

Market Competition and Expansion:

Charlotte has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 38.0% Hickory is an amazing place to live. Has a great atmosphere to raise a family. Also with a affordable cost of living. Hickory ranks well in a combination of factors and diversity. Hickory truly has something for everyone.

Additional Details:

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

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