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Family Restaurant 1214 NC 8 & 89 South hwy 2,494 SF Retail Building Danbury, NC 27016 $480,000 ($192.46/SF)

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INVESTMENT HIGHLIGHTS

  • Strong seasonal and tourist traffic
  • High visibility on NC Hwy 8 & 89
  • Minutes from Hanging Rock State Park
  • Centrally located in Danbury, NC

EXECUTIVE SUMMARY

This Family Restaurant has served the community since 1968 and was revitalized in 2021. It operates as a full-service restaurant offering breakfast, lunch, dinner, and catering. Seats 82, employs 15-20 people, with services including house-made BBQ, pizza, and desserts.
This sale includes;
- Real estate (building and land)
- All restaurant equipment and fixtures (Valued over $130K)
- Branding and signage
- Proprietary recipes
- Business name and goodwill

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,494 SF
Building Class
C
Year Built/Renovated
1978/2021
Price
$480,000
Price Per SF
$192.46
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Zoning
B-2 Commercial - Commercial

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Signage

ABOUT 1214 NC 8 & 89 SOUTH HWY , DANBURY, NC 27016

This Family Restaurant has a storied history and a promising future. Established in 1968 as a walk-up take-out diner, this quaint eatery quickly became a beloved part of the local community. In the 1970s, John Manuel expanded the restaurant, adding more space and enhancing its offerings. In the late 1990s, the business was sold to Donnie Wilmoth, who continued to build on its legacy. However, by 2021, sales had plummeted to an all-time low due to neglect by the previous leaseholder and the challenges presented by the Covid-19 pandemic. It was at this pivotal moment that Darlene and Terry Dill took over ownership. With their unwavering dedication, they hired an entirely new staff and managed to quadruple sales within the first month of operation. Since then, sales have maintained a steady increase, with only a slight dip in 2024 attributed to economic factors. This Family Restaurant is an all-American family diner that serves breakfast, lunch, and dinner seven days a week. The restaurant has a seating capacity of 82 and employs over 20 staff members during peak season, and around 15 during off-peak times. Features and Menu • **Breakfast:** The restaurant offers a classic breakfast menu, featuring favorites such as pancakes, waffles, and more. • **Lunch:** Homemade daily specials are a highlight, with offerings such as freshly cooked vegetables, country-style steak, and meatloaf. • **Dinner:** A wide variety of dishes are available, including appetizers, entrées, sandwiches, subs, pizza, in-house made BBQ, and fresh homemade desserts. This Family Restaurant is more than just a place to eat; it's a community staple where families and friends gather to enjoy hearty meals in a welcoming atmosphere. With its rich history, dedicated management, and diverse menu, it stands as a testament to resilience and quality service. It also offers a catering option and does very well with this side of the business. Feeding from 20 to 400 people. This Family Restaurant is located within the historic town limits of Danbury, NC. This charming area is well-known for its proximity to Hanging Rock State Park, a popular destination for hiking, camping, and nature enthusiasts. Additionally, the nearby Dan River offers tubing and river recreation, making it a favorite summer activity for locals and visitors alike. These attractions contribute to the restaurant's appeal, drawing in a variety of patrons seeking both adventure and a satisfying meal.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
694602660557
Land Assessment
$38,400
Improvements Assessment
$170,700
Total Assessment
$209,100
  • Listing ID: 37162401

  • Date on Market: 8/7/2025

  • Last Updated:

  • Address: 1214 NC 8 & 89 South hwy, Danbury, NC 27016

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