Lake Norman Specialty Restaurant w/ low overhead

NC

Lake Norman Specialty Restaurant w/ low overhead
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Asking Price: $105,000

Cash Flow: N/A

Gross Revenue: $229,255

EBITDA: $47,600

FF&E: $55,000

Inventory: $3,000*

Rent: $2,175 /Month

Established: 2003

*not included in asking price.

Lake Norman Specialty Restaurant w/ low overhead

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Business Description

Own your own beautiful restaurant in the growing Lake Norman area! Sellers are willing to help with an easy transition. You could continue this specialty restaurant or add to the menu and open more hours. Potential to double the revenues and profit! Making money starts with keeping your overhead down. This restaurant is perfect for a 1st restaurant owner or experienced. Fill out the online confidentiality agreement and buyer questionnaire for more details.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
12/31/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Nice clean kitchen and dining room. Equipment in great condition. Some updates. Nice efficient layout of kitchen, dining room and storage.
Competition:
Growing Lake Norman area! Specialty menu, so could do more catering or add to the menu. Other complimentary businesses nearby to support. Much traffic, busy road.
Growth & Expansion:
The business could expand hours and menu. A little advertising is all you need. Clean restaurant with updates. Great food with good reputation. There's no better way to expand with this for a start.
Support & Training:
yes available
Reason for Selling:
retiring
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Contact the Seller

(from currently available funds)
 
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Tonya Kerr

Business Listed By:
broker

Business Brokers Of The Carolinas, LLC

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