Restaurant for Sale-Real Estate & $305k benefit

Rock Hill, SC
York County


Asking Price: Annual Revenue:
$900,000 $1,629,304

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale-Real Estate & $305k benefit Broker: Justin Scotto

Quick Facts

Asking Price: $900,000
Annual Revenue: $1,629,304
Net Profit: Not Disclosed
Cash Flow: $307,590
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 21
BBN Listing #: 28618096
Broker Reference #: 8210

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Business Overview:

Independent Restaurant for Sale showing huge owner benefit of $305,000 and no signs of stopping anytime soon. Pre and Post Covid-19 sales growth is on the rise. Bring 30% down for SBA lending. Own the Real Estate and Be the Landlord ! Real Estate opportunity. Will not last long!! Sellers are looking to retire from this amazing restaurant for sale. Serving up some of the best food in town, this restaurant is experiencing sales like no other. The ground work has been completed for any new buyer. If you are looking for a very successful business with super high owner benefit 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 booming town just South of the Charlotte Market. This location was booming before covid-19 and doing even better currently. With a full dine-in business it also has very busy take-out business that is growing every day. Serving up three meals a day there is no slow down in sight. The breakfast menu is popular for its omelets, pancakes, biscuits, and french toast. For lunch and dinner it is serving some very popular burgers, wings, chicken, ribeye, and salads. With so many flavors of wings, customers are surly to eat at this establishment multiple times a week. Very popular with the locals as this is the restaurant of choice for the community. Sales are of over $1,618,475 in 2019 and increasing for 2020. On track to beat 2019. A sure home run for any buyer coming to the closing table with a owner benefit of $259,000. This restaurant for sale is staffed and training is available with seller. Still plenty of growth available as the community grows. Seller currently does not do marketing promotions, but any new buyer can increase marketing and sales at the same time with little effort. Catering is a huge opportunity not even tapped into, but ready for a buyer to grow. The restaurant for sale is fully equipped and in "like new" 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, walk in freezer, POS machines, holding cabinets, patio furniture, dish cleaning system, hood, convection oven, 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. New lease and additional rent term available with landlord. Current square footage is 3281. Easy terms for a booming business! Complete confidentiality today so you can jump into this very successful Restaurant for Sale in no time at all. All offers welcome.

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Property Features and Assets:

9 Booth Seating Systems 9 Booth Tables 13 dining tables 4 bar stools 4 Tvs 70 Chairs 2 highchairs 2 waiting area booths 3 Pos machines with positouch 3 Pos printers 2 cash drawers 1 ss hand sink 1 four ft ss drink station table 1 four ft ss prep table 2 counter artic air cooler table tops 1 microwave 1 six foot ss prep table 2 holding cabinets 1 electro freeze 1 mix and chill blender 1 five ft ss prep table 1 metal storage cabinet 3 wire shelves 1 drop in freezer 1 three ft ss table 1 four ft ss table 1 small glass cooler 1 sixteen camera system with NVR 1 camera system monitor 1 office computer 1 office printer 1 office desk 1 filing cabinet 1 office chair 1 office mini fridge 1 office AC unit 4 patio tables 12 patio chairs 2 patio umbrellas Kitchen: 1 six ft ss prep table 1 ss hand sink 1 dish system 1 three compartment sink 1 drop in freezer 1 walk in cooler is a fixture 1 deli table cooler 3 ss prep tables 1 ice machine and bin 1 storage rack 4 deep fryers 1 hood is a fixture 1 flat top grill 1 four burner stove top 1 food warmer 2 toasters 1 ten foot ss prep table 1 convection oven 1 three well warmer 1 can rack 1 two foot prep table 6 freezer storage racks 1 walk in freezer is a fixture

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%

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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