Restaurant With Property In Waynesville, NC!
Waynesville, NC Haywood County
Waynesville, NC
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- RE: Restaurant With Property In Waynesville, NC!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $699,000 | |
| Annual Revenue: | $741,000 | |
| Net Profit: | $152,776 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 944003 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Sellers just secured a 5-year contract with the local school to supply breakfast and lunch for $15,000 per month! That is an ADDITIONAL $180,000 in yearly sales and $133,000 in gross profit after food cost! Sales averaged $53,000 Per Month BEFORE the School contract commencing! Sales will be average $68,000 per month with the School contract! The Contract has a 5-year term! Sales will be $741,000 this year!
Asking Price for the Business and Property is $699,000!
The Sellers are also willing to lease the Business-only for $199,000 plus inventory! Inventory is guesstimated at $5,000. The Rent is only $2,600 NNN per month with a 15-year lease available!
If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
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Market Competition and Expansion:
2 miles from the economic development project that will have two apartment buildings with a total of 210 units as well as Waynesville’s largest-ever single-family home subdivision development with 115 home sites!
4 miles from a townhome project that will amount to more than 800 new units!
Extremely High Average Traffic Count! Approximately 26,000 vehicles passing by the Restaurant each day!
Reason for Selling:
Sellers are Absentee and cannot manage the restaurant because they live almost 2 hours from the business!
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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