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GK1227

Fantastic Larger Restaurant FS White Oak Garner

Business for Sale

White Oak Garner, NC 27529

Price: $ 249,000
Space Size: 5,700 SF
Monthly Rent: $ 14,000
Property Type: Retail
Gross Revenue: $ 2,200,000

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Description:

Asset Sale with great location! This is a very successful Asian Fusion restaurant ($2.2M/yr), moving to a new location nearby and thus wants to assign lease and sell the assets to a restaurant operator for a fraction of the buildout cost.
There will be restrictions on some Asian and Mexican cuisines, but there are many concepts that would work very well here – next door to a large Cinema Plex, in the desirable White Oak development of Garner, NC, home of a new Amazon distribution center and quickly growing area.
This 5,700ft2 restaurant/bar has two years remaining on current lease with rent at approx. $14,000/mo all in. Buyer will take possession of all F,F & E and assignment of lease, with additional term negotiated before time of purchase.
Price negotiable and very clean kitchen in excellent repair.

Additional Information:

Listing ID: GK1227
County: Wake