RALEIGH, North Carolina
| Asking Price |
$259,000 |
Year Established |
2024 |
|
| Annual Revenue |
$314,197 |
Reason for Selling |
Personal |
|
| Annual P/L |
|
Attention |
Paul and Marianne Peterson |
|
| Annual Cash Flow |
$0 |
Listing Number |
1017544 |
|
| # of Employees |
2 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Put your concept in Raleigh, NC, inside the beltline and near NC State University, with a location and layout that give you room to grow. Presented by We Sell Restaurants, this approximately 2,200-square-foot restaurant for sale combines quick-service space, customer dining, and a well-equipped kitchen in booming Wake County. Continue a similar concept or introduce your own brand, with existing infrastructure that can help keep project costs below those of building from an empty space.
Location is a key part of the opportunity. Near a prime Raleigh intersection with proximity to NC State University, walkability, daily traffic, and ample parking offer multiple ways to reach customers, from convenient dine-in meals to takeout and delivery. Build a neighborhood following, connect with the university community, or expand your reach through catering and online ordering. The space provides a flexible starting point for an operator with a clear menu and a plan to serve the surrounding market.
The existing quick-service setup and dining area accommodate 24 guests, with potential to increase seating inside and outside. Explore fast-casual, breakfast/brunch, cafe, burgers, chicken, Asian, or other concepts that fit the space and equipment. A new owner can focus investment on the changes that matter most to the brand, including signage, finishes, menu development, and customer experience.
A substantial and spacious kitchen supports that flexibility. Equipment includes a 12-foot hood, grease trap, six-burner stove, six fryer stations with an oil filtering machine, multiple reach in refrigerators and freezers, undercounter refrigeration, and a refrigerated prep station. Prep tables, prep sinks, and a three-compartment sink in a separate dishwashing area provide the foundation for daily production, with capacity to support dine-in, takeout, delivery, and catering operations.
Additional equipment includes digital ordering POS system, flat-screen menu boards, rice and ramen cookers, and smallwares. For a buyer continuing a similar menu, these assets may offer added value. For a new concept, the hood, refrigeration, and established kitchen layout provide a starting point that can reduce the scope and expense of the project, depending on the proposed use.
Monthly rent is $4,862, with the current lease running through December 31, 2028. The business currently operates without alcohol service; buyers interested in adding it can explore that possibility subject to applicable approvals. Training is available upon request, and buyers can ask about unsecured lending options up to $500,000, subject to qualification and lender approval.
Bring your vision to a Raleigh location with an established restaurant layout and multiple paths for growth. Whether you build on a similar concept or introduce something new, this opportunity combines access to the surrounding community with kitchen infrastructure that can help keep your project manageable. Contact We Sell Restaurants to discuss the location, equipment, and possibilities for your concept.
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Property Features and Assets:
12 ft hood, 6 fryer stations, 1 fryer (not installed), 6 burner stove, 1 2 door freezer, 2 2 door refrigerators, 1 rice cooker, 2 ramen cookers, 2 undercounter refrigerators, 1 refrigerated prep station, 3 compartment sink, 2 prep sinks, oil filtering machine, refrigerated draft system, 3 door cooler, filtered water dispenser, 2 flat screen menu boards, seating for 28, smallwares and prep stations/items
Market Competition and Expansion:
Shopping Center has multiple food options and good traffic
Walkable to NC State campus and community
Appealing concept to the student population as chicken wings business
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity