Raleigh-Durham Restaurant and Grill for Sale - Over SIX FIGURES
This profitable Restaurant and Grill for Sale in the Raleigh/Durham, NC area is priced to sell. The location is ideal. The restaurant is just over 2400 square feet, can seat around 80 inside and an additional 40 on their outdoor patio! Being open 11-9 affords the new owner a decent work-life balance.
This restaurant and grill for sale by the restaurant brokers, has been serving up some of the best burgers, sides, salads and grilled sandwiches in the area for more than a decade. Their beer and wine license allow their customers to wash it all down with a cold brew or glass of red or white wine. Four Star reviews on all the social media sites indicates they are doing something right, as does the monthly revenue of over $65,000! Customers rave about the food and value offered here.
The owner owns another restaurant a couple of hours away and lost the GM for this site, which resulted in a decline in business at this restaurant and grill for sale. Just a few years ago, annual sales exceeded $1 Million in revenue! Reported Net Income plus the GM's Salary exceeded $100,000! A strong new owner operator should easily be able to get this profitable restaurant and grill for sale back to these levels in no time.
Home to some of the largest and best-known universities, tons of businesses and residents who make up some of the strongest demographics in the east, this is a great place to own a casual dining restaurant and grill. Household median incomes are 30% higher than the state, and the average home price is $242,000! The area has over 460 thousand residents and is one of America's fastest growing according to Forbes Magazine. Don't miss out!
A restaurant and grill for sale with this level of sales and income potential, should easily sell for twice the asking price! Contact your restaurant broker today for more details.
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- Listing#: 6276
- Price: $99000
- Profitable Restaurant in Raleigh Durham Area
- Needs Strong Owner Operator
- Open More than 10 Years
- Annual Sales Exceeding $800,000
- Turn Key Opportunity
- Restaurant and Grill for Sale