A Durham tradition can now be yours! Highly profitable!
Business Description
Step into ownership of a thriving restaurant and bar operation that delivers exceptional returns and lifestyle freedom. This 29 year established business generates $2.4M in annual sales with an impressive $500K seller's discretionary earnings, positioning you for immediate profitability and long-term wealth building.
Your investment unlocks multiple revenue streams, where you'll benefit from decades of customer loyalty and brand recognition already built into the business. The substantial 5,250 square foot space gives you flexibility to maximize seating capacity, host events, or expand service offerings to drive additional income. The potential to grow the catering side of the business is money sitting on the table.
Operational advantages work in your favor from day one. Below-market rent of just $7,627 monthly (including TICAM) protects your profit margins while prime location with abundant free parking eliminates customer access barriers that plague many restaurant operations. This rare combination of space, location, and favorable lease terms creates a sustainable competitive advantage.
The established customer base and proven revenue history minimize startup risks typically associated with restaurant ventures. You'll get systems, processes, and relationships that took decades to develop, allowing you to focus on growth opportunities rather than building from scratch. They've made the start up mistakes and fixed them so you don't have to!
Whether you're seeking hands-on management or passive income through professional management, this turnkey operation adapts to your lifestyle goals. The strong financial performance provides flexibility for reinvestment, expansion, or simply enjoying the rewards of owning a profitable hospitality business.
This confidential opportunity requires qualified buyers and NDA execution. Contact the broker to discover how this established operation can transform your entrepreneurial aspirations into reality.
Your investment unlocks multiple revenue streams, where you'll benefit from decades of customer loyalty and brand recognition already built into the business. The substantial 5,250 square foot space gives you flexibility to maximize seating capacity, host events, or expand service offerings to drive additional income. The potential to grow the catering side of the business is money sitting on the table.
Operational advantages work in your favor from day one. Below-market rent of just $7,627 monthly (including TICAM) protects your profit margins while prime location with abundant free parking eliminates customer access barriers that plague many restaurant operations. This rare combination of space, location, and favorable lease terms creates a sustainable competitive advantage.
The established customer base and proven revenue history minimize startup risks typically associated with restaurant ventures. You'll get systems, processes, and relationships that took decades to develop, allowing you to focus on growth opportunities rather than building from scratch. They've made the start up mistakes and fixed them so you don't have to!
Whether you're seeking hands-on management or passive income through professional management, this turnkey operation adapts to your lifestyle goals. The strong financial performance provides flexibility for reinvestment, expansion, or simply enjoying the rewards of owning a profitable hospitality business.
This confidential opportunity requires qualified buyers and NDA execution. Contact the broker to discover how this established operation can transform your entrepreneurial aspirations into reality.
About the Business
- Years in Operation
- 29
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,250
- Rent
- $7,627.00 per month
About the Sale
- Seller Motivation
- Owners are retiring
- Transition Support
- Negotiable
Listing Info
- ID
- 2336494
- Listing Views
- 1288
Listing ID: 2336494 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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