Seller's Contact Information
- RE: Greensboro NC Restaurant-Profitable
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $99,000 | |
| Annual Revenue: | $500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $80,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $1,000,000 | |
| Year Established: | 2004 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 754629193 | |
| Broker Reference #: | 6041 |
Business Overview:
Greensboro North Carolina Restaurant for Sale – Profitable – Close to UNC Campus – One Owner 20 Years – Keep or Convert – BIG Price Drop $99,000
Greensboro NC Restaurant for Sale
Located in a desirable neighborhood.
Close to the University of NC-G Campus.
2,000/SF
Seating for 50.
Outdoor seating for 18.
The monthly rent is $2,400 all in.
Established 20-years.
Semi-Absentee Owner puts in 3-5 hours weekly.
Open 11:30 AM-9 PM Daily.
Full staff in place including Manager and Head Cook who has been there for 16 yrs.
Business can be kept as is or converted.
Books and records available.
2023 sales are up over previous years.
2022 Gross Sale $500,000.
2022 Net Profit is approximately $80,000.
Full Kitchen.
Gorgeous build-out.
Keep or Convert.
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Property Features and Assets:
2,000/SF Seating for 50. Outdoor seating for 18. The monthly rent is $2,400 all in. Established 20-years. Semi-Absentee Owner puts in 3-5 hours weekly. Open 11:30 AM-9 PM Daily. Full staff in place including Manager and Head Cook who has been there for 16 yrs.
Market Competition and Expansion:
Keep or Convert.
Reason for Selling:
Other business interests.
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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