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Family Casual Dining Restaurant
North CarolinaListing DetailsOffice ID: BURGERS1
Status: Active
Listing Broker: Joe Vagnone
Listing Price: $280,000
Gross Revenue: $463,799
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Reason for Sale:
Owner is pursuing other interests.
Seller will stay 60 days to train a new owner.
OperationsYear Established: 2010
Form of Ownership: Sole Proprietorship
Employees (full-time): 4
Employees (part-time): 4
Managers: 3
Business Hours: Monday-Saturday 11am-8pm
Business Description:
This family restaurant, located in the heart of Davidson County, NC, has been in business since April 1, 2010. Specializing in handcrafted made-to-order hamburgers, using only the highest quality ingredients, this restaurant features a full menu of tasty, delicious food, which has made it a local favorite with high customer retention. The owner’s passion for quality food and his dedication to customer service is truly what set this restaurant apart from any competition, and has grown not only in local popularity but also in profit since opening in 2010.
Historical Summary:
The owner opened this restaurant in 2010 with a passion for delicious food. As a result of the owner's dedication to quality and service, this restaurant has gown over the past 6 years into a local favorite, known well outside of Davidson County.
Owner Qualifications:
A new owner needs to have a general understanding of the business.
Very few competitors in the market area.
Potential Growth:
Growth potential is very good, as expansion is possible.
LocationReal Estate for Sale: Yes
Lease Expires: Jan 1, 2020
Monthly Rent: $1,500
Square Footage: 1300
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current As Of: Jun 23, 2016 / 3:21 PM