Return to search results

Very Profitable Steakhouse for Sale is Growing Area In NC

Lexington, NC (Davidson County)

Steakhouse for Sale
Contact Seller

Asking Price: $529,000

Cash Flow: $188,666

Gross Revenue: $1,462,698

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,300 /Month

Established: 2015

Very Profitable Steakhouse for Sale is Growing Area In NC

Save Print Share Valuation Report

Business Description

Just three years new, this steakhouse for sale and bar is trending almost $1.5 Million in sales netting and the owner is bringing home about $200,000 in 2019. Move right in and start making money in this totally turnkey steakhouse for sale with a bar.
This proud absentee owner has created an amazing steakhouse for sale, but he is ready to move on with his other businesses. While this 5,000 square foot building and real estate is for sale, he will also create great lease terms for the new buyer. Call We Sell Restaurants today to make an offer on this amazing opportunity!
This easily accessible steakhouse for sale is a very attractive free-standing building on a major highway near a major intersection with lots of exposure. And there's plenty of parking to accommodate the 185 seats in the restaurant. There's a full liquor license so expect locals to make this their gathering spot for great food, great drinks and great conversation. There are 16 brands of beer on tap and 6 different house wines.
Although this steakhouse for sale has plenty of seats at the bar and bar tables, there are benches outside to accommodate the lines of folks waiting for a table - it's that popular! Speaking of popular, they have over 6,500 check-ins on Facebook. The seller is offering 4 weeks of manager training or 2 weeks of owner training. The staff is fully trained and in place, so the transfer will be easy.
The steakhouse for sale is currently closed on Mondays and Tuesday, just imaging your profits soaring if you open on those days too. On Wednesdays and Thursdays, the restaurant opens at 4 PM and closes at 10 PM. It is open 11 AM to 11 PM on Friday and Saturday and 11 AM to 10 PM on Sundays.
Located just 20 miles south of Winston-Salem the area in which this steakhouse for sale is located has a population of 19,000 and growing rapidly.
This Steakhouse for sale has an extensive dinner menu has something for everybody from appetizers, salads, seafood and of course steaks to fine looking desserts and beverages. There's an attractive lunch menu which includes burgers, sandwiches, soups and salads.
The fully equipped kitchen contains everything you will need to keep running the super-efficient restaurant and bar. If you have ever dreamed of owning a steakhouse, this opportunity is finally in front of you. This steakhouse for sale is profitable, has a full liquor license, popular, is turnkey, is in a growing area, and in a beautiful building. Let's make it happen!

Detailed Information

Location:
Lexington, NC
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
1/1/2025
Employees:
22
Facilities:
3 5 foot Metro Racks 1 4 foot Metro Rack 1 3 foot Metro Shelf Assorted tubs containers 1 5 foot metro shelf pots pans assorted misc 1 4 foot hanging dishdrain shelf with baking pans 1 11 inch triple compartment sink 1 5 foot dishwash entry table 1 Hobart Dishwasher 1 7 foot Drain Table exit table for dishwasher 1 5 foot Wall Rack Dish Drain 1 42 inch Metro Dish Rack Shelf 1 Avantco 52 inch Double Door Cooler 1 Univex 20 Quart Mixer 1 4 foot Prep Table 1 Onion Slicer Texas Onions 1 Speed Rack 1 5 foot Prep Sink 1 5 foot Wall Rack with scales mixer miscellaneous items 1 4 foot Prep Table 1 Slicer 1 Manitowoc ice machine 800 lb bin 2019 1 53 inch Prep Sink 1 4 foot Prep Table 1 True Dessert Cooler 1 3 foot Refrigerated Salad Prep Station 1 Toshiba Microwave 1 Avantco 52 inch Sliding Door Cooler 1 6 foot Prep Table 1 Avantco 3 Compartment Soup Warmer 2019 1 Vulcan 2 drawer food warmer 1 4 foot Lowboy Double Door Freezer 1 48 inch Salad Prep Refrigerator 3 Avantco Fryers 2018 1 80 inch Steam Table 1 Six Burner Stove with Salamandor 2 36 inch Chargrill 1 75 inch 4 Drawer Refrigerated lowboy 1 36 inch 2 Drawer Refrigerated lowboy 1 2 foot Flat Top Grill 1 2 Door AltoShaam 2 Vulcan Double Door Ovens 2016 and 2017 1 6 foot Speed Rack 1 3 Compartment food warmer 1 6 foot Hatco heat lamp 1 Heatlamp for fry 5 Highchairs 4 Booster Seats 1 4 foot True Meat Cooler 1 Island Oasis Daquiri Machine 1 40 inch True Double Slide Door Cooler 1 24 inch Mug Cooler 1 65 inch Beverage Cooler 1 72 inch Beverage Cooler 1 24 inch Work Station 4 POS Stations 5 55 inch Flat Screen TVs 1 16 Camera Security System
Competition:
Good Locations and growing community
Growth & Expansion:
All new equipment 3 years ago New heating and air system 2 years ago and stong sales from a day one
Support & Training:
4 weeks Manager Training or 2 week owner training ) Neg time if more needed
Reason for Selling:
Other
Business Website:
http://www.wesellrestaurants.com
Contact Seller

Contact the Seller

Contact Seller Loading

Eric Gagnon

Business Listed By:
Eric Gagnon

We Sell Restaurants

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Georgia Association of Business Brokers (GABB).

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1672920 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Lemonshark Poke

Franchise Opportunity
Cash Required: $70,000