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Small Town Favorite Diner

Monroe, North Carolina (Union County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $125,000 Inventory  
Gross Income $350,000 Real Estate  
Cash Flow $90,000 Year Established 1940
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

This busy Restaurant has been a consistent money- maker since 1940! The current owner and his family have enjoyed a very comfortable living from the business each and every year of operation! Both the real property and business are being offered and are priced to sell! The owner has excellent financial records including current tax returns. The furniture, fixtures, and equipment are all in good working order and the building passes all inspections. The restaurant enjoys a 92% Health rating and no up fitting is required by the Health Department to the Sellers knowledge. The business is open for Breakfast, Lunch and Dinner 6 days, and averages $350,000 per year +/- sales with $75K+ per year cash flow. It seats 100 inside, 30 on the outside patio, and 24 on the "side porch". The building is unmeasured but is approximately 2,000 square feet. The land is 1.85 acres of prime property according to the tax records. This is an extremely low risk investment and is offered at $125,000 for the business with $3,000 per month rent that includes Property tax and building insurance , or you can buy the land, building, business, furniture, fixtures and equipment for $395,000.

Facilities: Free Standing building on 1.85 acre lot

Support/Training: 1 Month

Reason Selling: Retirement

Business listed by

Agent On Duty

704-365-9774


National Restaurant Associates


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