Motivated Seller Restaurant, all equipment, furniture, fixtures, inventory and business for sale. This profitable restaurant has annual gross sales of +/- seven-hundred thousand dollars and a net income of +/- two-hundred and ninety thousand dollars. Annual gross lease (no NNN) to be assumed by new purchaser at only two thousand five hundred per month for +- six thousand square feet. Restaurant is located in a highly visible location with a traffic count of thirty-two thousand cars per day. The uniquely designed property is very well kept, clean and welcoming. Trained staff and GM in place. Equipment, furniture and fixtures are approximately two-and-a-half years old and have an estimated depreciated value of +/- two-hundred and eighty thousand dollars (based off of seven-year depreciation schedule). This restaurant has not been marketed or advertised and has not utilized GrubHub, DoorDash or similar services, allowing for immediate growth potential. Business is being sold due to owner's current health. Owner financing is available.
Listing courtesy of Listing Agent: Mike Ferris (pkennedy@carolinarealestateservices.com) from Listing Office: Carolina Real Estate Services.
Selling Office: Carolina Real Estate Services.Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2024 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: pkennedy@carolinarealestateservices.com