Beautiful Triad Area Key-Money Restaurant Deal - High Traffic Area
| Asking Price: | $300,000 |
| Rent: | $12,000 |
| Established Year: | 2021 |
| Gross Revenue: | $1,100,000 |
| FF&E: | $300,000 |
This is a key-money restaurant acquisition opportunity in the heart of the Triad - located in a very high-traffic retail district along with other very successful brands and retail options.
The current brand has been in operation for nearly 5 years now - but wants to downsize the size of his operation. Plans are in place to relocate the brand somewhere else in the Triad market. Will sign a reasonable non-compete however if a similar menu/brand takes over.
When taking over this location five years ago, the current owner completed a 500K remodel - making the interior of this space very modern, desirable and suitable for numerous other brands. As well as significant upgrades in the kitchen. It shows very well and has a kitchen layout with significant space to execute nearly any menu.
If you're looking for a large footprint restaurant in high-traffic area of the Triad, this is worthy of consideration.
You'll be in business within 30-60 days and avoid the headaches of costly architects, permits and construction delays.
The nitty gritty ...
Asking Price: $300,000
Lease Terms: Expires 2026 + Four 5-Year Options
Size: 7,982SF
Rent: $12,000/Month Full Net
Seats: 200+
Parking: 150+
Assets: 22' Hood System, Line Equipment, Seating Package, Signage Infrastructure, Walk-In Cooler & Walk-In Freezer
