Popular Wing Restaurant For Sale In Union County NC (Asset Sale)
Asset Sale Description
HS Listing ID-67990
Year Established: 2017
Current Ownership Since: August 2024
Financial Information
Asking Price: $225,000
Gross Sales: $790,000
Net Profit: Asset Sale
Open to Seller Financing: No
Property Included: No (Lease Only)
Rent: $11,000/month (including CAM)
Insurance: $300/month
Phone & Internet: $200/month (Spectrum)
Electric: $1,100/month (Duke Energy)
Water: Monroe Water
Payroll: ADP
Assumable Loans: No
Cash/Credit Split: 10% / 90%
Unreported Cash: No
Property & Operations
Square Footage: 3,500 sq. ft. (including patio seating)
Parking: Free parking
Lease Terms: Through 2028 (extension available)
Number of Employees: 14
Owner Operated or Absentee: Owner Operated
POS System: Toast
Common Area Maintenance: Included in rent
Catering: Not currently offered
Hours of Operation
Sunday – Thursday: 11:00 AM – 9:00 PM
Friday – Saturday: 11:00 AM – 9:30 PM
Products & Services
Primary Cuisine: American fare specializing in chicken wings
Food Supplier: US Foods
Liquor & Beverage: ABC, ADAMS, Carolina Premium, Empire
Online Ordering: Available (O/O)
Staffing & Management
Manager in Place: Yes (Owner/GM since August 2024)
Attractive Opportunity:
This is a well-established restaurant with strong sales volume, proven operational systems, and a recognizable brand. With its large footprint, patio seating, and favorable lease terms, it’s well-positioned for continued growth and expansion opportunities such as catering or delivery enhancements.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Year Established: 2017
Current Ownership Since: August 2024
Financial Information
Asking Price: $225,000
Gross Sales: $790,000
Net Profit: Asset Sale
Open to Seller Financing: No
Property Included: No (Lease Only)
Rent: $11,000/month (including CAM)
Insurance: $300/month
Phone & Internet: $200/month (Spectrum)
Electric: $1,100/month (Duke Energy)
Water: Monroe Water
Payroll: ADP
Assumable Loans: No
Cash/Credit Split: 10% / 90%
Unreported Cash: No
Property & Operations
Square Footage: 3,500 sq. ft. (including patio seating)
Parking: Free parking
Lease Terms: Through 2028 (extension available)
Number of Employees: 14
Owner Operated or Absentee: Owner Operated
POS System: Toast
Common Area Maintenance: Included in rent
Catering: Not currently offered
Hours of Operation
Sunday – Thursday: 11:00 AM – 9:00 PM
Friday – Saturday: 11:00 AM – 9:30 PM
Products & Services
Primary Cuisine: American fare specializing in chicken wings
Food Supplier: US Foods
Liquor & Beverage: ABC, ADAMS, Carolina Premium, Empire
Online Ordering: Available (O/O)
Staffing & Management
Manager in Place: Yes (Owner/GM since August 2024)
Attractive Opportunity:
This is a well-established restaurant with strong sales volume, proven operational systems, and a recognizable brand. With its large footprint, patio seating, and favorable lease terms, it’s well-positioned for continued growth and expansion opportunities such as catering or delivery enhancements.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Sale
- Transition Support
- Yes.
- Seller Motivation
- Other business interests.
Listing Info
- ID
- 2432182
- Listing Views
- 19
Listing ID: 2432182 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
