Profitable Restaurant ! Great Location

Raleigh, NC
Wake County

Raleigh Durham Area

Asking Price: Annual Revenue:
$199,000 $224,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Restaurant ! Great Location Broker: Lenwood Mills

Quick Facts

Asking Price: $199,000
Annual Revenue: $224,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 3
BBN Listing #: 136557949
Broker Reference #: 209-00006

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Business Overview:

Well established Peruvian Cuisine & Catering Restaurant business with a great reputation and a very loyal clientele. This restaurant is in a great location in one of the most popular areas in the country. Business has good, long-term relationships with vendors and customers. RESTAURANT CAN BE EASILY CONVERTED TO ANY STYLE Owner calls this opportunity a "goldmine for the next buyer." Owner is selling due to health issues and will train new buyer with all of his trade secrets and best practices, along with providing full access to all of his contacts and existing vendors! He is a Motivated Seller! For additional information please contact listing agent Lenwood Mills.

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Property Features and Assets:

This is a leased location of 1,538 square feet with a Total Rent of $3,091. Lease ends 03/2021 with a one 5 year lease option. Seller is active in the business with 3 Full Time employees. Hours of operation are 11 AM to 7 PM, Monday - Saturday . $8,000 in Inventory and $60,000 in FF&E included in Asking Price. Assets include Fully Functional Website for Advertising, Online Ordering and Catering ! Beer and Wine License Required.

Reason for Selling:

Owner has Health Issues.

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.

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