Property profile

0 Exciting Opportunity Thriving Restaurant For Sale In Growing Gastonia! Gastonia, NC 28054

OFF-MARKET
Retail properties & Spaces
2,000 SF Built 2016
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Property summary

AI-generated overview

This exceptional Gastonia restaurant presents a lucrative turnkey opportunity. Established in 2016, this 2,000-square-foot retail space boasts a strong reputation and loyal customer base. The inviting interior, complemented by a large outdoor patio, creates a warm and sophisticated dining experience. Its strategic location in a busy area near attractions, offices, and residential neighborhoods ensures consistent foot traffic. The restaurant enjoys a positive online presence and benefits from a strong focus on customer service. All furniture, fixtures, and equipment are included, encompassing a walk-in cooler, hood system, stovetop, convection oven, ample seating, and a POS system. The current lease has two years remaining, expiring December 30, 2024, with a monthly rent of $2,000. Financial records indicate a gross revenue of $319,138.24 and a cash flow of $18,692.48. The business operates six days a week with four employees (two full-time, two part-time). The seller is relocating, providing a rare chance to acquire a well-established business in a growing community. The extensive equipment list includes multiple prep tables, a walk-in cooler, a hood system, a six-burner stove with oven, a convection oven, a POS system, ample seating (19 tables, 38 chairs, 2 benches), and more. Gastonia's increasing population and lower operational costs compared to nearby Charlotte offer significant growth potential. This opportunity is ideal for experienced restaurateurs or aspiring entrepreneurs seeking a profitable venture in a thriving market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2016
Total area 2,000 SF

Cap rate & NOI

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

Location

Exciting Opportunity Thriving Restaurant For Sale In Growing Gastonia! Gastonia, NC 28054
Gastonia 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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