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5 Burger King Franchises & 1 R/E Parcel 101 Moyock Commons Dr

2,900 SF Retail Building Moyock, NC 27958 £2,934,188 (£1,012/SF)

Executive Summary

Five (5) Burger King franchise businesses. Adj. Business EBITDA $587,114, AUV $1.53M+. Real estate NOI $104,400, CAP Rate 6%. Business $2M / Real estate $1.75M.
No deferred maintenance for 2 years, immediate cashflow, management included, SBA approved. Inventory and cash on hand not included. All stores feature a drive-thru, one with a patio. 4 stores located in Portsmouth & Virginia Beach areas, and 1 location in Moyock NC (real estate included). Leases are transferable. Transfer fee(s) not included.
Franchisor approval required - 40% down payment toward purchase price, min 3 years operation or ownership restaurant experience, and must currently live in the region.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,900 SF
Building Class
C
Year Built/Renovated
2000/2017
Price
£2,934,188
Price Per SF
£1,012
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Land Acres
1.07 AC
Zoning
GB - General Business
Parking
35 Spaces (12.07 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 015B-000-0001-0000 Improvements Assessment £348,660
Land Assessment £309,302 Total Assessment £657,962

PROPERTY TAXES

Parcel Number
015B-000-0001-0000
Land Assessment
£309,302
Improvements Assessment
£348,660
Total Assessment
£657,962
(502) 640-3622

  • Listing ID: 34081734

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 101 Moyock Commons Dr, Moyock, NC 27958

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4210 George Washington
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3648 Virginia Beach
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© 2024 CoStar Group

5 Burger King Franchises & 1 R/E Parcel | 101 Moyock Commons Dr
(502) 640-3622 x

5 Burger King Franchises & 1 R/E Parcel | 101 Moyock Commons Dr

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Stephanie Gilezan

(502) 640-3622

(502) 640-3622

Matt Wilson

(502) 415-2547

(502) 415-2547

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