Cheeseburgers Grille

Listing ID: 700187755

Listing Title: Cheeseburgers Grille

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Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: North Carolina


City: Watauga County

Asking Price Range: < $250K

Gross Revenues: $544,664

Cash Flow: $93,885

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2008

Number of Employees: 10 - 19

Business Description:
Cheeseburgers Grille is an excellent opportunity for anyone considering the restaurant industry even a semi - absentee owner. The menu is easy to prepare and the restaurant is small but highly efficient. The numbers are STRONG for such a simple operation and the location is perfect. Blowing Rock is one of the hottest tourist destinations in the country! The area is busy year round with tourist in the summer and skiers in the winter as the mall is only 2 miles from the Appalachian Ski Complex. The town of Blowing Rock does an great job in hosting events and activities all year long. Please review the following details and website Cheeseburger's Grille is located in the highly popular Tanger Outlet Mall which includes many high dollar stores like Ralph Lauren and Coach Building is 1636 sf. with unlimited parking. Rent is $2676.22 and Common area Maintenance is $1653.72 which covers everything from snow removal to lawn maintenance and seasonal decorations - which are beautiful. Christmas is over the top. Lease through 2/28/2012 with a 5 year option. The Tanger Outlet Mall loves having the restaurant as an amenity so renewing a lease shouldn't be of any concern. The current owner has been there for 4 years and simply wants to move. Summer hours are Monday through Saturday 11:00 am to 9:00 pm and Sunday 11:00 to 6:00 pm Winter hours are Monday to Saturday from 11:00 am to 6:00 pm. The restaurant has 2 full-time and 12 part-time employees. Inventory is roughly $5000 and included in the asking price. Furniture, Fixtures and Equipment included in the asking price total $61,450.00. Only the dishwasher is leased - which is common. The owner will train for a short period of time at no cost.

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