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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20349241
19798402

625 N Madison Blvd, Roxboro, NC 27573

AC
NC 306940
ARC Real Estate LLC
Listed by ARC Real Estate LLC
Unpriced
647 days on market
Updated 15 days ago

American Hero

Details
APN 61799 301
Property Type Business for Sale
Sub Type Business Only, Business and Building
Square Footage 3,200
NOI $150,000
Tenancy Single
Lease Term 5
Lease Expiration 08/27/2027
Remaining Term 1.2
Rent Bumps No
Lease Options n/a
Pro-Forma NOI $150,000
Broker Co-Op Yes
Class C
Year Built 1953
Buildings 1
Stories 1
Lot Size (SqFt) 27,506
Investment Type Sale/Leaseback
Tenant Credit No Credit Rating
Lease Commencement 08/27/2022
Sale Condition For sale by owner

Business for Sale | 3,200 SqFt

Marketing description

Are you ready to seize a golden investment opportunity? This established American restaurant, with monthly gross sales exceeding $60k and remarkable profit margins, is primed for a new owner. Its family-friendly atmosphere and diverse menu, featuring everything from hearty sandwiches to fresh salads, attract a loyal clientele in a prime location. With minimal expenses and the enticing option of seller financing, this business stands as a beacon for budding entrepreneurs. Don’t miss your chance to own a flourishing establishment that not only serves delicious food but also enriches the community. Act now and become the hero of your own success story! “SELLER FINANCING AVAILABLE.”

Investment highlights

A long-term lease is in place at $5,000 per Month, but we would be willing to be bought out. Net Operating Income is $150k yearly and on pace to increase the profit margin in 2024.

A 3000 Sq ft Garage in the Basement is rented for $1250 Monthly.

A newly renovated building is available for rent for $3000 monthly, which could be used for mixed-use.

Listing Contacts

AC
NC 306940
ARC Real Estate LLC
Listed by ARC Real Estate LLC

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$150,000.00
$12,500.00/mo

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