Four Restaurants For Sale Generate $1.2 Million!
Cary, NC Wake County
Seller's Contact Information
- RE: Four Restaurants For Sale Generate $1.2 Million!
- Contact: Robin Gagnon
Quick Facts
| Asking Price: | $6,000,000 | |
| Annual Revenue: | $6,638,644 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,386,938 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 186 | |
| BBN Listing #: | 3138096 | |
| Broker Reference #: | 9088 |
Business Overview:
Buy these four highly profitable Restaurants for Sale in the NC Research Triangle region with sales of $6.6 Million and over $1.2 Million in earnings on the books. This multi-unit opportunity includes four individual locations plus a food truck! That's a total of five profitable locations in one package! Full Liquor License at all four Restaurants! SBA lending for highly qualified buyers with 20% down. This is a mega opportunity to take an independent brand that is highly successful and continue to grow. Top line sales for 2021 closed out at $6.6 Million between the four restaurants for sale plus the food truck. Started in 2013 this independent concept has grown from one store to a multi-million dollar five unit company. This powerhouse package of Restaurants for Sale is perfect for any investor or investment groups looking for something that brings in high volume and high cash flow. Don't forget - full liquor licenses at all locations serve up plenty of extra profit as well. SBA lending for qualified buyers, with experience in multi-unit ownership and 15%-20% down. We Sell Restaurants has banks that can facilitate the lending on this highly successful group of Raleigh Restaurants for Sale. This package is Certified Pre-Owned meaning the documented earnings are ready for review for qualified buyers. The four locations are situated in high traffic, easy to access areas throughout the Research Triangle area of North Carolina. The market is known for its outstanding school system and proximity to major colleges and universities. Outstanding locations are well run stores with square footages of 3,293, 4,835, 3,638, and 4,413 for the individual restaurants for sale. Rent is typical for the Triangle area of $10,907, $8,866, $9,436, and $6808 respectively. Total occupancy costs combined is just 6.71% on the incredible $6.6 million in sales generated by the locations. Total seating for all four of the brick and mortar sites are an astonishing 534 seats, with additional dining outdoors totaling 248 seats. All four locations offer plenty of parking and leases that are eligible for assignment and renewal of terms. All recipes, branding and training is in place to continue the operations when you acquire this group of stores. These money-making Restaurants for Sale have a total of 186 fully trained and knowledgeable staff already in place that will help keep the day-to-day operations running smoothly. This lucrative package of Raleigh Restaurants for Sale come fully equipped and will make for an easy transition for the new owners to continue the proven success this concept has seen. For more information, please click to Acknowledge Confidentiality - Proof of Funds in the amount of 20% will be required prior to disclosing the address and full financial statements.
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Market Competition and Expansion:
•Cary: Premium shopping area, optimal demographics, great outdoor seating area •N Raleigh: Very established neighborhood gem, optimal demographics, great outdoor seating area •Downtown Raleigh: Directly across from North Carolina State University, opti
Reason for Selling:
Personal
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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