Asking Price: $ 1,600,000
Gross Revenue: $ 30,000 Monthly Average *
Annual Property Taxes: $ 29,500
Annual Insurance Costs: $ 5,600
Seller/Private Financing Available ?: No

Other Property Included: Hotel Also Available, See Below

Other Information: This brand new, first rate eating and drinking establishment is ideally located on the "main route" through a fast-growing town in Central North Carolina.  It was 100% newly constructed and opened in August 2007.  It features seating for 88 in the main restaurant area, 41 in the bar/lounge, and 56 in the separate meeting room (pictured above, the only such facility in town!).  All of the back-of-the-house equipment and the outfitting of the kitchen area is completely state of the art.  It is located next door to and within walking distance of a newly constructed, 57-Unit Hotel, also being advertised on LodgingIndex and can be packaged with this property for an additional purchasing discount.  The first few months of operation are in the books; now this fine property is ready to be taken over by new management and ownership.

* - Notes Regarding Revenue: This property opened for business in August 2007, the revenues above are a monthly average of gross revenues, thus far.

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