Property profile

0 Nearly Six-Figure Earnings On Pizza Restaurant For Sale In Nc Coastal Town Jacksonville, NC 28540

OFF-MARKET
Retail properties & Spaces
2,935 SF
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Property summary

AI-generated overview

This thriving pizza restaurant in Sneeds Ferry, NC, boasts impressive financials: $773,000 in sales and approximately $118,000 in net earnings. Located in a 2,935 square foot space, this turnkey operation includes all equipment necessary for immediate operation. The extensive inventory includes two large mixers (Hobart and Globe), walk-in cooler, ice machine, slicers, multiple sinks, ample refrigeration, and a wide array of smallwares. The current lease, at $3,355.89 per month (including CAMS, taxes, and insurance), expires April 30, 2024, with potential for lease renewal negotiation. The restaurant has a strong reputation for high-quality, affordable food, attracting both locals and tourists in this growing coastal community near Topsail Island. The current owner is retiring, presenting a unique opportunity for a new owner to step in and capitalize on the established success. The sale includes 20 tables, 68 chairs, various ovens, a grill, and a comprehensive POS system. The business employs 17 people and has been operating for 17.5 years. Financing options are available for qualified buyers. This is a rare chance to acquire a profitable, established restaurant in a desirable coastal location. The sale price is $299,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,935 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nearly Six-Figure Earnings On Pizza Restaurant For Sale In Nc Coastal Town Jacksonville, NC 28540
Jacksonville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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