000 In Owner Earnings! Fayetteville, NC 28301
- Retail properties
- 1,400 SF
Current Use by Public Records
- Retail properties
Property Details for 000 In Owner Earnings!
- Year built
- 2016
- Property size
- 1,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Italian restaurant in Fayetteville, North Carolina, presents a compelling investment opportunity. Established in 2016, this 1,400-square-foot endcap location boasts impressive net sales of $1.2 million and robust owner earnings of $384,000. The restaurant benefits from a strong customer base, an attractive patio and storefront, and a favorable lease agreement at $2,400 per month, extending until December 31, 2026, with renewal options. The fully equipped kitchen includes a wide array of commercial-grade equipment, including a Bakers Pride double-stack oven, Avantico 35-gallon deep fryer, Vulcan 8-burner stove and grill, ample refrigeration (including a walk-in cooler), and various other essential appliances. The restaurant also features indoor seating for 36 patrons. The business currently employs 14 people. Located in a vibrant community with a population exceeding 200,000 and a median household income of $53,000, this restaurant enjoys a strategic position, approximately one hour from Raleigh and within two hours of both Charlotte and Wilmington. A full liquor license is in place. The seller is retiring, presenting a unique chance to acquire a well-established and profitable business. The sale includes all existing furniture, fixtures, equipment, and inventory.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8722
- Latitude
- 35.0638
