Established & Profitable Restaurant

Not Disclosed, NC
Iredell County

Lake Norman Area


Asking Price: Annual Revenue:
$299,000 $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: $299,000
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 a Little NY Greek Style Diner down South, already established, with record breaking sales all through the COVID-19 pandemic. Located in the busiest well established strip mall in the heart of Lake Norman, South Iredell County, on the cross road of a major highway and interstate. This area is a busy, rapidly growing area with people continually moving in from all over. All furniture, fixtures, equipment and inventory are here for you to walk in and run with this exploding business with many opportunities for additional growth. The seller has many ideas to share with the new owner on how to even make this little diner better! Unfortunately, with the seller's health issues he is not able to take it where he hoped to. The diner has been in the same location for 7 years with sales increasing every year, including, even record sales, during the pandemic. Inquire today!

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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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