Listing Number: 13485-866638
Description
This profitable and long-standing restaurant has been a fixture in eastern North Carolina for over 60 years. Situated at a prime, high traffic intersection, the property value of the 3 tracts of land which accompanies this listing has even a greater potential upside than the restaurant itself. This is a perfect 1031-Exchange investment.
Listing Details
- Price: $1,200,000
- Down Payment: $1,080,000
- Sellers Discretionary Earnings: $282,124
- Total Sales: $1,823,275
- Location: Martin County, North Carolina
- Inventory: $11,377
- FF&E: $300,804
- Employees: 36
- Year Established: 1959
- Reason for Selling: Retirement
- Category: Real Property Rltd
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