Vegetarian Restaurant and Celtic Pub

Not Disclosed, NC

Asking Price: Annual Revenue:
$1,250,000 $2,807,444

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Vegetarian Restaurant and Celtic Pub Broker: Michael Norman

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $2,807,444
Net Profit: Not Disclosed
Cash Flow: $575,177
Total Debt: Not Disclosed
FF&E: $315,614
Real Estate: Not Disclosed
Year Established: 1993
Employees: 45
BBN Listing #: 386850254
Broker Reference #: 17151

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Business Overview:

This hip vegetarian restaurant provides Award Winning farm-to-table food and has been serving it for over twenty years. With their additional Celtic Pub that serves its own menu and has a separate entrance, it makes this the perfect opportunity for an energetic buyer looking to cash in on an established name and position. They hold a dominant position in the marketplace and the respect of their competitors. It is important to node that the restaurant was closed for four months during 2016 while they remodeled.

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Property Features and Assets:

The facility covers 5,600 square feet complemented by outside patio and adequate parking.

Market Competition and Expansion:

Two other vegetarian restaurants nearby but not in downtown. Product is priced competitively and any difference is outweighed by high quality product, customer relations, and great service. The music venue is known as the home of traditional music in the area.

Reason for Selling:

Owners retiring.

Additional Details:

  • The property is owned.
  • 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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