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- RE: Restaurant For Sale - Revenue $2MM Earnings $250,000+ Won't Last!
- Contact: Robin Gagnon
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,950,279 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $296,315 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2002 | |
| Employees: | 31 | |
| BBN Listing #: | 991559 | |
| Broker Reference #: | 24911 |
Business Overview:
Buy this high volume and incredible earning Restaurant for Sale near Raleigh, NC. Rare opportunity to acquire a business doing nearly $2MM in sales and delivering more than $250,000 to the bottom line! Perfect tax returns, P&L data and more to substantiate more than a quarter million in earnings year over year. Absolutely qualified for SBA lending with 20% down! Profit achieved through low cost lease - JUST 6% of sales which seller will keep in place for new owner! Don't Wait!
Open and operating for more than two decades, the seller is retiring but his long tenured staff is remaining in place at this Restaurant for Sale Back of house and front of house team members have been in place for between 18 and 23 years! Step into an unmatched opportunity that's generaing year over year outstanding sales of just at $2 million per year and with no franchise fees or other costs, they are pumping out profit in this location!
This 8,900 square foot business offered by We Sell Restaurants seats up to 290 guests and has the staff in place to handle the crowds. Open seven days a week, it handles steady dine-in and takeout traffic with ease, supported by a layout and service flow that can accommodate high customer volume without compromising experience or speed.
Presented by this Restaurant for Sale is fully staffed with an experienced team and management already in place, allowing for a seamless ownership transition. The kitchen is fully equipped and supports continued operations without any need for additional investment. A new owner can step in on day one and continue the success immediately.
Located just 40 minutes outside of Raleigh, this Restaurant for Sale enjoys strong visibility, excellent access, and a loyal customer base built over 23 years of trusted service. With over 1,600 online reviews and a consistently strong reputation, the business benefits from a steady stream of repeat guests and word-of-mouth referrals. The lease, at $10,000 per month, represents just 6% of sales, this rent is unmatched. Seller will be your landlord and assures us he will honor this lease rate for a new tenant. That low occupancy cost allows you to make money in today's market.
If you're looking to acquire a legacy restaurant with a solid brand reputation, long-term performance, and immediate cash flow of more than a quarter million, this Restaurant for Sale checks every box. Opportunities with this level of stability and upside are increasingly rare, especially in such a prime North Carolina market.
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Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Sandwich cooler
Salad reach-in cooler
#3 standup reach-in coolers. All three two door units
#6 Pitco Deep-fryers
Bi-level Vulcan Broiler
Single stack oven
#2 4 eye gas top burner ranges
a flat top grill
Hoshizaki ice machine
Big Walk in cooler
Big outside box walk-in freezer
plenty of storage racks
around 14 stainless steel tables different sizes
microwave
stainless steel sinks?#4 single compartment and #2 3 compartment
Hobart vertical cutter mixer food processor
Market Competition and Expansion:
The Profit!!
40 minutes from Raleigh?Durham, offering proximity to metro markets without high overhead
Population over 47,000 with steady growth and regional traffic from surrounding towns
Strong local economy driven by healthcare, manufacturing, and logistics
Active community revitalization and investment in infrastructure
Affordable cost of living fuels stable, year-round dining demand
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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