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- RE: Restaurant For Sale Just Outside Raleigh With Almost 2MM In Sales!!!
- Contact: Robin Gagnon
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $1,975,470 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $157,141 | |
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:
This high-volume Restaurant for Sale near Raleigh is a rare opportunity to step into a well-established, consistently profitable business with more than two decades of proven success. With annual sales exceeding $1.9 million and HIGH owner earnings, this opportunity is ideal for an experienced operator or investor looking for a turnkey acquisition. After 23 successful years, the current owner is ready to retire and ready to turn this legacy over to new ownership.Operating out of 8,900 square feet, this Restaurant for Sale seats up to 290 guests and has been thoughtfully designed for efficiency and comfort. 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 We Sell Restaurants, 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 7.5% of sales, a favorable occupancy cost in today's market with flexible, negotiable terms available!
If you're looking to acquire a legacy restaurant with a solid brand reputation, long-term performance, and immediate cash flow, 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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Property Features and Assets:
Sandwich coolerSalad 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:
RetirementAdditional 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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