Greensboro NC Steakhouse Restaurant for Sale-$500+K Owner Earnings
North Carolina
CERTIFIED PRE-OWNED
SOLD
Listing
- Listing#:9337
- Price: $1,200,000
- Location:North Carolina
This profitable Steakhouse Restaurant for Sale located in Greensboro North Carolina is ready for a new owner. After twenty-five years, the current owner is ready to retire and offering this incredible opportunity for AROUND 2-TIMES DISCRETIONARY EARNINGS. 2021 and 2022 Owner Benefit of OVER $500,000. Strong books and records should easily qualify this profitable steakhouse for SBA Lending with as little as 20% Down.
Don’t delay on acting on this rare offering. The Restaurant Brokers know that deals like this extremely profitable Steakhouse Restaurant for Sale don’t go on the market every day! Not only do you get an open and operating business that is generating strong six figure income, but you also get a business that is in a prime location. Greensboro is the 3rd largest city in North Carolina with 300,000 residents. Greensboro is in Guilford County and is one of the best places to live in North Carolina. Living in Greensboro offers residents a dense suburban feel and most residents rent their homes. In Greensboro there are a lot of restaurants and parks. Company's such as Honda Jets, Volvo Trucks, and soon to be Toyota Batteries all have a major presence in Greensboro. The Piedmont Triad area, which includes Greensboro has a population of 1.7 Million
The restaurant offered by We Sell Restaurants has been serving the Greensboro area for over 25 years. The venue is a generous 6650 square feet that can easily accommodate 170 guests inside and out. The rent is an unbelievable $9700 per month including CAMS. That equates to less than $18 per square foot and under 6% of net sales contributing to top line earnings. The lease contains multiple options to renew taking it all the way out to 2038! With annual sales of $2 Million and owner earnings of Over $500,000. This Steakhouse Restaurant for Sale won't last and is perfect for an owner operator or investor.
This Restaurant for sale is an A+, home run listing. Need more convincing? When you buy this Restaurant for Sale you will be the new owner of a fully established and operational business. The staff are seasoned and trained. The current owner is selling due to Retirement, after owning the location since 1996. He will stay on board after closing; however, to provide you with training. Contact your restaurant broker at We Sell Restaurants today to learn more about this fantastic opportunity. Interested Buyers will need to provide proof of funds / liquidity of $300,000 to receive details.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
Don’t delay on acting on this rare offering. The Restaurant Brokers know that deals like this extremely profitable Steakhouse Restaurant for Sale don’t go on the market every day! Not only do you get an open and operating business that is generating strong six figure income, but you also get a business that is in a prime location. Greensboro is the 3rd largest city in North Carolina with 300,000 residents. Greensboro is in Guilford County and is one of the best places to live in North Carolina. Living in Greensboro offers residents a dense suburban feel and most residents rent their homes. In Greensboro there are a lot of restaurants and parks. Company's such as Honda Jets, Volvo Trucks, and soon to be Toyota Batteries all have a major presence in Greensboro. The Piedmont Triad area, which includes Greensboro has a population of 1.7 Million
The restaurant offered by We Sell Restaurants has been serving the Greensboro area for over 25 years. The venue is a generous 6650 square feet that can easily accommodate 170 guests inside and out. The rent is an unbelievable $9700 per month including CAMS. That equates to less than $18 per square foot and under 6% of net sales contributing to top line earnings. The lease contains multiple options to renew taking it all the way out to 2038! With annual sales of $2 Million and owner earnings of Over $500,000. This Steakhouse Restaurant for Sale won't last and is perfect for an owner operator or investor.
This Restaurant for sale is an A+, home run listing. Need more convincing? When you buy this Restaurant for Sale you will be the new owner of a fully established and operational business. The staff are seasoned and trained. The current owner is selling due to Retirement, after owning the location since 1996. He will stay on board after closing; however, to provide you with training. Contact your restaurant broker at We Sell Restaurants today to learn more about this fantastic opportunity. Interested Buyers will need to provide proof of funds / liquidity of $300,000 to receive details.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
Please click the red “Get Complete Package” button to easily acknowledge confidentiality on this Restaurant for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve and Cyndi Weinbaum at (770) 714-4552
This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.
Business listed by Steve and Cyndi Weinbaum, We Sell Restaurants.
This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.
Business listed by Steve and Cyndi Weinbaum, We Sell Restaurants.
This profitable Steakhouse Restaurant for Sale located in Greensboro North Carolina is ready for a new owner. After twenty-five years, the current owner is ready to retire and offering this incredible opportunity for AROUND 2-TIMES DISCRETIONARY EARNINGS. 2021 and 2022 Owner Benefit of OVER $500,000. Strong books and records should easily qualify this profitable steakhouse for SBA Lending with as little as 20% Down.
Don’t delay on acting on this rare offering. The Restaurant Brokers know that deals like this extremely profitable Steakhouse Restaurant for Sale don’t go on the market every day! Not only do you get an open and operating business that is generating strong six figure income, but you also get a business that is in a prime location. Greensboro is the 3rd largest city in North Carolina with 300,000 residents. Greensboro is in Guilford County and is one of the best places to live in North Carolina. Living in Greensboro offers residents a dense suburban feel and most residents rent their homes. In Greensboro there are a lot of restaurants and parks. Company's such as Honda Jets, Volvo Trucks, and soon to be Toyota Batteries all have a major presence in Greensboro. The Piedmont Triad area, which includes Greensboro has a population of 1.7 Million
The restaurant offered by We Sell Restaurants has been serving the Greensboro area for over 25 years. The venue is a generous 6650 square feet that can easily accommodate 170 guests inside and out. The rent is an unbelievable $9700 per month including CAMS. That equates to less than $18 per square foot and under 6% of net sales contributing to top line earnings. The lease contains multiple options to renew taking it all the way out to 2038! With annual sales of $2 Million and owner earnings of Over $500,000. This Steakhouse Restaurant for Sale won't last and is perfect for an owner operator or investor.
This Restaurant for sale is an A+, home run listing. Need more convincing? When you buy this Restaurant for Sale you will be the new owner of a fully established and operational business. The staff are seasoned and trained. The current owner is selling due to Retirement, after owning the location since 1996. He will stay on board after closing; however, to provide you with training. Contact your restaurant broker at We Sell Restaurants today to learn more about this fantastic opportunity. Interested Buyers will need to provide proof of funds / liquidity of $300,000 to receive details.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
Don’t delay on acting on this rare offering. The Restaurant Brokers know that deals like this extremely profitable Steakhouse Restaurant for Sale don’t go on the market every day! Not only do you get an open and operating business that is generating strong six figure income, but you also get a business that is in a prime location. Greensboro is the 3rd largest city in North Carolina with 300,000 residents. Greensboro is in Guilford County and is one of the best places to live in North Carolina. Living in Greensboro offers residents a dense suburban feel and most residents rent their homes. In Greensboro there are a lot of restaurants and parks. Company's such as Honda Jets, Volvo Trucks, and soon to be Toyota Batteries all have a major presence in Greensboro. The Piedmont Triad area, which includes Greensboro has a population of 1.7 Million
The restaurant offered by We Sell Restaurants has been serving the Greensboro area for over 25 years. The venue is a generous 6650 square feet that can easily accommodate 170 guests inside and out. The rent is an unbelievable $9700 per month including CAMS. That equates to less than $18 per square foot and under 6% of net sales contributing to top line earnings. The lease contains multiple options to renew taking it all the way out to 2038! With annual sales of $2 Million and owner earnings of Over $500,000. This Steakhouse Restaurant for Sale won't last and is perfect for an owner operator or investor.
This Restaurant for sale is an A+, home run listing. Need more convincing? When you buy this Restaurant for Sale you will be the new owner of a fully established and operational business. The staff are seasoned and trained. The current owner is selling due to Retirement, after owning the location since 1996. He will stay on board after closing; however, to provide you with training. Contact your restaurant broker at We Sell Restaurants today to learn more about this fantastic opportunity. Interested Buyers will need to provide proof of funds / liquidity of $300,000 to receive details.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
Please click the red “Get Complete Package” button to easily acknowledge confidentiality on this Restaurant for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve and Cyndi Weinbaum at (770) 714-4552
This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.
Business listed by Steve and Cyndi Weinbaum, We Sell Restaurants.
This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.
Business listed by Steve and Cyndi Weinbaum, We Sell Restaurants.
Lease Term remainder of term plus options
Monthly Rent $9,750
Indoor Seating 150-160
Inside Sq. Ft. 6,650
Hood System Yes
Hours Every day from 5:00 pm -9:30pm
No. of Part-Time Employees 15
No. of Full-Time Employees 8
- Profitable Greensboro North Carolina Steak House
- Open and Operating Over 25 Years
- Annual Revenue of $2 Million Generates Owner Earnings over $500,000
- 6650 SQFT Venue for Under $10,000 / Month
- Lease with Options Good thru 2038
- SBA Lending Available
- Owner will Train Buyer
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