North Carolina Business For Sale

Award-Winning Restaurant For Sale

Research Triangle Area, NC

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$325,000
$613,000
Not Disclosed
$100,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
9
77227526

Business Overview:

From its inception, this restaurant established itself as a rare treat. Just as a gourmet meal accompanied by a fine wine is to be savored rather than devoured, this little touch of the continent offers not just a feast but a dining experience. It boasts numerous fine dining awards. But a greater testament to its unique quality is voiced by its loyal clientele. Conveniently located, upon stepping inside the ambiance welcomes you while transporting you to a time of gentility and sophistication. Because of relocating, the owners have reduced the price dramatically. The new price just covers the equipment and upfit.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The restaurant occupies a space of 2,291 sq. ft. with access to additional outdoor area. Total rent/cam is $53,000 annually. There are 5 years remaining on the lease, with an option to renew for an additional seven years. From the moment you enter the front door, the restaurant embodies elegance and signals a fine dining experience. Support/Training: Present owners are willing to train buyers.

Market Competition and Expansion:

Competition: In order to dine at a similar restaurant, you probably need a passport and an airplane ticket. This gem is truly a little touch of Europe nestled in the heart of North Carolina's Triangle area. Growth/Expansion: The present owner has chosen to neither maximize the number of tables nor influence the ambiance by expanding the bar. Also, the outside area can be utilized to increase capacity. With minimal changes, substantially more customers could be served.

Reason for Selling:

Relocating.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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