NC Restaurant For Sale, $1.5m In Sales, Below Market Rent!

Business Overview:

Buy this second-generation Raleigh Restaurant for sale from We Sell Restaurants and secure a rare opportunity in one of the strongest trade areas in the Triangle. Located near NC State University in a high-traffic corridor with vibrant nightlife, strong daytime activity, and consistent student, faculty, and residential demand, this location has generated more than $1.5 million in annual revenue and is perfectly positioned for a new owner to bring their own concept to life.
This fully built-out Restaurant for sale offers the infrastructure operators need to open quickly and avoid the significant costs, delays, and headaches associated with a new buildout. Whether your vision is hot wings, burgers, Asian cuisine, a sports bar, fast casual restaurant, late-night concept, or something entirely unique, this flexible space can accommodate a wide range of food and beverage operations.
The Restaurant for sale kitchen is equipped for high-volume production with a commercial hood system, in-ground grease trap, walk-in cooler, three high-capacity fryers, flat-top grill, three-compartment sink, reach-in refrigeration, freezer storage, sandwich prep stations, and ample smallwares. The front of house includes tables, chairs, bar seating, POS system, security cameras, televisions, décor, and additional operational equipment needed to begin serving customers quickly.
Approximately 2,150 square feet provides an efficient layout with seating for 47 guests, a welcoming service counter, and a practical back-of-house design that maximizes workflow, prep space, and storage. The current beer and wine license offers flexibility for a variety of restaurant and beverage concepts.
Occupancy costs are a standout feature of this opportunity. Rent is below market for the area at approximately $4,948 per month, and the site offers up to 15 years of available lease term through existing options, providing long-term stability and predictable occupancy costs in a highly sought-after Raleigh location.
With built-in infrastructure, proven sales history, exceptional visibility, and a premier NC State-area address, this is a turnkey opportunity for an operator seeking a strong launch point for nearly any restaurant concept. Bring your vision, save hundreds of thousands in buildout costs, and put your name on the door in one of Raleigh's most desirable restaurant corridors.
Contact We Sell Restaurants today to learn more, review equipment and lease details, and schedule a confidential tour.
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Property Features and Assets:

Hood, Grease Trap-(In Ground), Fryer 1, Fryer 2, Fryer 3, Flat Top, 3 Compartment Sink, Smallwares(pots, pans, ladles, etc), Miscellaneous shelving, 1 Prep Table, Walk In Cooler, Glass Door Reach In Cooler , Reach in Freezer, Under Counter Cooler, Other Refrigeration, Sandwich Prep Coolers, Bar Stools, POS System?Brand , Security System with Cameras, Safe, Store D?cor, Flat Screen TV?s, High Chairs, Neon Signs, Trash receptacles, Utility Carts

Market Competition and Expansion:

Lease terms, next to university, close to downtown

Reason for Selling:

Relocation. Kindly ask the seller for more information.

Additional Details:

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