Business For Sale

Nationally Acclaimed Restaurant

Not Disclosed, NC

Triangle Area

Asking Price: Annual Revenue:
$500,000 $1,362,451

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Nationally Acclaimed Restaurant Broker: Terique Epps

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,362,451
Net Profit: Not Disclosed
Cash Flow: $287,975
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 594651569
Broker Reference #: RL00094

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Business Overview:

Nationally acclaimed restaurant serving Southern favorites to a loyal customer base in the Triangle for more than 40 years. Sold with this Culinary Experience, is a well maintained, fully equipped building situated on a prime downtown lot that features ample parking making this establishment a destination of choice. A stable history of financial performance, combined with the Chef’s willingness to remain and lead, the existing staff makes for a smooth transition to new ownership. This is a once in a life time opportunity to acquire a nationally acclaimed restaurant with a long track record of profitability and take it to the next level! SDE: $287,975. Reason for sale is owner retirement. Property worth $1,100,000 is to be sold along with the business for a total of $1,600,000 making this a prime candidate for favorable SBA terms.

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Additional Details:

  • The property is owned.
  • The owner is not 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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