loading
reading
writing
saving
searching
Profitable American Restaurant For Sale– Asset Sale - $225,000 (Union County, NC)
QR Code Link to This Post
$225,000
Year Established: 2017
Business Overview
• 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