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    OFF-MARKET
    Retail properties & Spaces

    Earning Owner Nearly $300 000 Wnc Restaurant For Sale With Real Est, Hickory, NC 28601

    8,100 SF Built 2001
    Property ID
    Property summary
    AI-generated overview

    This exceptional restaurant and real estate opportunity in the WNC area presents a lucrative investment. The property boasts 8,100 square feet, comfortably seating 242 indoors and an additional 24 outdoors. Built in 2001, this freestanding building is situated on a busy corner lot with ample parking, ensuring high visibility and accessibility. The fully equipped kitchen features extensive commercial equipment including coolers, freezers, fryers, grills, steamers, and more, ready for immediate operation. The restaurant has a strong track record, reporting $1.9 million in net sales in 2023, generating an impressive owner benefit of $354,641. The business benefits from a loyal customer base cultivated over two decades of operation, and a well-trained staff, including two experienced managers, most of whom have been with the restaurant for over ten years. The seller is offering training to ensure a smooth transition for the new owner. The restaurant is conveniently located between Charlotte and Asheville, in Burke County, NC, zip code 28601, making it ideally positioned for continued growth and success. SBA lending is available. The sale includes all kitchen equipment, furniture, fixtures, and the real estate. This is a turnkey operation poised for continued profitability. The current hours of operation are Tuesday through Sunday, 11 AM to 8 PM. The restaurant is closed on Mondays.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2001
    Total area 8,100 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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