Property profile

0 Hickory Turn-Key Restaurant For Sale Priced At Only $99 000 Hickory, NC 28601

OFF-MARKET
Retail properties & Spaces
1,200 SF
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Property summary

AI-generated overview

This turnkey restaurant in Hickory, NC, presents a fantastic opportunity for aspiring restaurateurs. Priced at $99,000, this 1,200-square-foot end-cap location boasts a prime position in a high-traffic area with ample parking. The lease, expiring December 30, 2027, offers a stable foundation for your business. The space is fully equipped with a comprehensive inventory of commercial kitchen equipment, including conveyor ovens, stainless steel prep tables, freezers, and more, allowing for immediate operation. The equipment list includes two gas conveyor pizza ovens, a walk-in cooler, multiple stainless steel tables and prep areas, a three-compartment sink, and various other essential items. Additional equipment includes two glass door drink coolers, a warming case, a dough roller, and multiple shelving units. The space also features digital menu boards, seating for both dine-in and potential outdoor seating, and a fully functional point-of-sale system with printers. The monthly lease rate is $2,533, and the lease terms are available for three years. Located in Catawba County, zip code 28601, this restaurant benefits from Hickory's thriving dining scene and growing population, offering a strong potential customer base. The seller is motivated and is selling due to pursuing a new career. This is a rare opportunity to acquire a fully operational restaurant with minimal upfront investment, allowing you to focus on building your brand and serving customers. The business was established in 2023.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,200 SF

Cap rate & NOI

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

Location

Hickory Turn-Key Restaurant For Sale Priced At Only $99 000 Hickory, NC 28601
Hickory 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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