Established & Profitable Restaurant

Not Disclosed, NC
Iredell County

Lake Norman Area


Asking Price: Annual Revenue:
$350,000 $445,426

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established & Profitable Restaurant Broker: Joe Vagnone
Owner Financing is Available!
The seller will consider some financing to the right, qualified buyer.

Quick Facts

Asking Price: $350,000
Annual Revenue: $445,426
Net Profit: Not Disclosed
Cash Flow: $73,006
Total Debt: Not Disclosed
FF&E: $85,200
Real Estate: Not Disclosed
Year Established: 2014
Employees: 11
BBN Listing #: 68806351
Broker Reference #: REST12

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Business Overview:

Your chance to own and operate what has fast become a Lake Norman classic, fast casual restaurant, has finally arrived! The “Cheers” of the local restaurant business, this business prides itself on friendly service, cozy atmosphere, and tons of regulars as well as many new faces every day. Serving 2 meals per day, this restaurant is not only profitable, but has continued to grow and has broken revenue records since August 2020.

Located in a large strip center on a main thoroughfare, this restaurant enjoys high traffic counts on both weekdays and weekends. All furniture, fixtures and equipment are included to make this an easy transition to restaurant ownership – inquire today!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This restaurant is located in South Iredell County, in the heart of the Lake Norman Area in one of the busiest strip centers in the town.

Market Competition and Expansion:

With many competitors in the market area, this business thrives on the basis of quality, service and price.

Reason for Selling:

Health concerns of the seller.

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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