Restaurant with Real Estate Investment Opportunity Near Hickory

Asking Price$1,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Restaurant with Real Estate Investment Opportunity Near Hickory


Asking Price$1,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Own Restaurant Real Estate in the Catawba County/Hickory area with an established restaurant currently operating and an active tenant already in place. Offered by We Sell Restaurants, this opportunity combines approximately 1.29 acres, a fully built out second generation restaurant, ample parking, and the ability to step into the role of landlord while earning rental income from an occupied commercial property. For an investor seeking real estate with an existing use and tenant, much of the groundwork has already been done.

The Restaurant with Real Estate is currently open and operating seven days a week, utilizing a substantial buildout designed to accommodate a high volume operation. The dining room offers seating for 164 guests with 11 single booths, 11 double booths, 40 tables, and 110 chairs. An efficient front to back layout supports dine in service along with dedicated areas for takeout and delivery order pickup.

The commercial kitchen offers extensive infrastructure, including an eight burner stove with oven, charbroiler, flat top grill, twin deep fryers, double stack oven, double bread warmer, and a 19 foot hood system with grease trap. A walk in cooler and walk in freezer are fixtures of the property, while additional refrigeration, prep areas, sinks, storage, and commercial kitchen equipment support the restaurant's current operation.

The approximately 1.29 acre property provides generous parking, convenient ingress and egress, and prominent visibility for signage. The combination of land, restaurant infrastructure, and an operating tenant creates an attractive opportunity for a buyer interested in commercial real estate with an existing income producing use.

Rather than purchasing a vacant restaurant property and then searching for a tenant, the new owner can become the landlord of an actively operating restaurant and benefit from a steady rental income stream while owning the underlying real estate. Over time, ownership also provides the opportunity to build equity in a commercial asset while retaining the flexibility associated with a second generation restaurant property.

Schedule a call with We Sell Restaurants to evaluate the real estate, existing restaurant infrastructure, and investment opportunity firsthand.

The real estate sale will be handled by a licensed NC Real Estate broker.

By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
About the Business
Years in Operation
54
Facilities & Assets
11 Single booths, 11 Double booths, 110 Chairs, 40 Tables, 1 Nineteen foot hood is fixture, 1 Eight burner stove with oven, 1 Charbroiler, 1 Flat top grill, 1 Four drawer undercounter cooler, 2 Deep fryers, 1 Double stack oven, 1 Two door freezer, 1 Three door deli table, 1 Five foot ss prep table, 2 Microwave, 1 Ice machine with ice bin, 1 Double bread warmer, 1 Six foot ss prep table with dish rack, 1 Single door glass cooler, 1 Hobart slicer, 3 Storage racks, 3 Tray storage racks, 3 TVs, 1 Walk in cooler is a fixture, 1 Walk in freezer is a fixture...
Website
Show Website URL
Market Outlook / Competition
Catawba County has an active restaurant scene serving residents, employees, shoppers, and visitors throughout communities including Hickory, Newton, and Conover. Competition across multiple dining categories gives well-positioned concepts opportunities to build repeat business.
Opportunities for Growth
This opportunity includes valuable real estate, giving the buyer the added benefit of property ownership and the potential for rental income as a landlord.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
N/A
Listing Info
ID
2550791
Listing Views
1

Listing ID: 2550791 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.