Loading Contents...

Raleigh Durham - Wake County, NC

  • Listing No.: 209-00019

  • Category: Food - Restaurant

Asking Price $115,000
Down Payment
Gross Revenue $415,714
Total Adjusted Net Income $102,687
Equipment / Fixtures $24,000
Year Established 2009
General Location Raleigh Durham - Wake County, NC
Print This Listing

This profitable well established restaurant with a catering service has been in business for 11 years with a large loyal and referral clientele base. This restaurant is well known and respected in the community. It is in one of the most popular areas in the country with very high traffic. This restaurant has all that you need and is ready to go as a turn key business. Seller is willing to work with and help with the transition and share all of his vendor contacts and trade secrets with the new buyer. For additional information, please use this ad's email to reply.

Gross Revenue $415,714 Listed Price $115,000
Total Income $102,687 Down Payment
Base Rent $3,510 Square Feet 1480
Total Rent $4,210 Lease Expiration 7/2020
Rent Deposit $3,510 Lease Options 1/3
Inventory $1,400 Leasehold Improvements $20,000
Equipment / Fixtures $24,000 Other Assets Fully Functional Website
Full-Time Employees 5 Training Period 2 weeks after closing
Part-Time Employees Special License Required
Contract Staff Reason for Selling Wants to retire

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.