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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Lone Star Steakhouse Nnn For Sale

Location  North Carolina,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $204176
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1998
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Focus on other investments.
Description  List price $2,400,000 Price Per GLA $336.00 Price Per Sq. Ft. $336.00 NOI $204,176 CAP 8.5% Building Sq. Ft. 7,147 Land Acres 1.64 Occupancy Lone Star Steak House Construction: Class A wood frame construction Parking: Adequate Tenant: Lone Star Steakhouse & Saloon is a casual dining restaurant chain serving steak, seafood , salad and more. The company is owned by a private equity group which operates 180 locations. net-leased asset occupied by Lone Star Steakhouse & Saloon on a 15-year, absolute net lease. The lease calls for no landlord obligations and is backed by LSF5 Cactus (the operating company of 180 Lone Star Steakhouse & Saloon Restaurants). There are 2% annual rent increases and two 5-year renewal options. For more information please email or contact Windy Rosengart at 912-258-1749.
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