Train-Inspired Burger Grill at Busy Crossroads in Midland, NC
Midland, North Carolina · Fast Food
Asking price
$225,000
- Cash flow
- $76,560
- Revenue
- $401,079
- Multiple
- 2.9x
Multiple = asking price ÷ cash flow. Lower means you pay less for each dollar the business earns.
About this business
Step into this beloved local one of a kind favorite where old-fashioned charm meets fresh, made-to-order goodness! This cute, train-inspired restaurant and grill has been serving up delicious food and friendly, speedy service since 2018. With plenty of picnic tables for guests to sit back, relax, and enjoy their meals, it's a popular stop for locals and passersby alike. This beloved local spot sits at a crossroads at the center of nonstop activity, a brand new 4 way traffic light, four nearby schools, busy soccer and baseball complexes, and a constant flow of construction crews, tradespeople, and plant employees. Even local police and fire departments make this a regular stop. Surrounded by thriving commercial development which plans to develop 10 acres of commercial zoned land directly across the street. This location is primed for growth. A truly unique property with built in traffic, strong community presence, and endless potential. Here's the best part: the charming train-style building is included in the sale and at the end of your land lease, can move with you to a new location! Take this one-of-a-kind grill and its nostalgic appeal wherever your next adventure leads.
Business details
- Year established
- 2018
- Lease
- Land lease; monthly rent $2,000. The train-style building is included in the sale and at the end of your land lease, can move with you to a new location. Property is not for sale.
Reason for selling
Ready to slow down.
Support and training
Negotiable
Growth and expansion
Surrounded by thriving commercial development which plans to develop 10 acres of commercial zoned land directly across the street. This location is primed for growth.
Facilities
Grill is housed in a container that looks like a train car. This is included in the sale of the business along with all the equipment. Equipment list is available. Hood: Yes. Plenty of picnic tables for guests.