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Established And Profitable Restaurant
Location: United States -> North Carolina -> Iredell County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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! Asking price is $299,000.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $445,426
Cash Flow:   $73,006
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $85,200
Seller Financing:  Yes

About The Business

Year Established:  2014
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train a new owner. Length of time is negotiable.
Reason For Selling:  Health concerns of the owner.




Print Listing Id: 700361404
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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