NC Restaurant for sale, $1.5m in Sales, Below Market Rent!

Asking Price$269,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

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NC Restaurant for sale, $1.5m in Sales, Below Market Rent!


Asking Price$269,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
NC Restaurant for sale, $1.5m in Sales, Below Market Rent!
Buy this second generation Raleigh Restaurant for sale from We Sell Restaurants and secure a rare opportunity in one of the strongest trade areas in the Triangle. Located near NC State University in a high traffic corridor with vibrant nightlife, strong daytime activity, and consistent student, faculty, and residential demand, this location has generated more than $1.5 million in annual revenue and is perfectly positioned for a new owner to bring their own concept to life.

This fully built out Restaurant for sale offers the infrastructure operators need to open quickly and avoid the significant costs, delays, and headaches associated with a new buildout. Whether your vision is hot wings, burgers, Asian cuisine, a sports bar, fast casual restaurant, late night concept, or something entirely unique, this flexible space can accommodate a wide range of food and beverage operations.

The Restaurant for sale kitchen is equipped for high volume production with a commercial hood system, in ground grease trap, walk in cooler, three high capacity fryers, flat top grill, three compartment sink, reach in refrigeration, freezer storage, sandwich prep stations, and ample smallwares. The front of house includes tables, chairs, bar seating, POS system, security cameras, televisions, décor, and additional operational equipment needed to begin serving customers quickly.

Approximately 2,150 square feet provides an efficient layout with seating for 47 guests, a welcoming service counter, and a practical back of house design that maximizes workflow, prep space, and storage. The current beer and wine license offers flexibility for a variety of restaurant and beverage concepts.

Occupancy costs are a standout feature of this opportunity. Rent is below market for the area at approximately $4,948 per month, and the site offers up to 15 years of available lease term through existing options, providing long term stability and predictable occupancy costs in a highly sought after Raleigh location.

With built in infrastructure, proven sales history, exceptional visibility, and a premier NC State area address, this is a turnkey opportunity for an operator seeking a strong launch point for nearly any restaurant concept. Bring your vision, save hundreds of thousands in buildout costs, and put your name on the door in one of Raleigh's most desirable restaurant corridors.

Contact We Sell Restaurants today to learn more, review equipment and lease details, and schedule a confidential tour.

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About the Business
Years in Operation
8
Employees
15 Part-time
Facilities & Assets
Hood, Grease Trap-(In Ground), Fryer 1, Fryer 2, Fryer 3, Flat Top, 3 Compartment Sink, Smallwares(pots, pans, ladles, etc), Miscellaneous shelving, 1 Prep Table, Walk In Cooler, Glass Door Reach In Cooler , Reach in Freezer, Under Counter Cooler, Other Refrigeration, Sandwich Prep Coolers, Bar Stools, POS System–Brand , Security System with Cameras, Safe, Store Décor, Flat Screen TV’s, High Chairs, Neon Signs, Trash receptacles, Utility Carts
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Lease terms, next to university, close to downtown
Opportunities for Growth
great location, cheap lease, newly renovated
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,150
Rent
$4,948.00 per month
Lease Expiration
1/1/2030
About the Sale
Seller Motivation
Relocation
Transition Support
negotiable
Listing Info
ID
2509454
Listing Views

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Business Listed by: Paul Peterson We Sell Restaurants

Listing ID: 2509454 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.