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    Retail properties & Spaces

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

    1,200 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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