Restaurant for Sale in Wake Forest, NC - Low Price, Great Location!

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Asking Price:
$75,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Secure this fully-equipped, turn-key Restaurant for Sale in Wake Forest, NC today! Also a franchise, this location is priced to move fast and with all the advantages, it will not last!
While this restaurant for sale is currently non-operational, the former customers are calling the current owner daily to re-open. Previously, this space served as a pizza franchise. However, if pizza isn't your forte, don't fret! This spacious build-out comes fully-equipped and can be to converted to any concept with ease! Established in 2014, this end-cap location is the epitome of the mantra "location, location, location." Looking at where it is placed, it's easy to see why! Nestled right in the middle of high-income neighborhoods on all sides, this restaurant for sale has the best neighbors in town! Within a five-mile radius, there are several schools, a college, movie theater, a major hospital, and multiple business and medical plazas - the customer potential is limitless!
By implementing promotions and establishing an exclusive contract throughout the school district to deliver food weekly, you can take advantage of the untapped marketing opportunities surrounding this restaurant for sale. Even if this is your first time buying or your 20th, We Sell Restaurants will be with you from the first phone call to the signature on the dotted line.
Starting with an empty building means time and money, both of which are incredibly valuable in the fast-paced restaurant market. This restaurant for sale comes fully-equipped and ready to dish out pies by the dozen with the completely operational commercial kitchen. Some of the highlights include a Picard Spitfire Oven, Elkay 3-bay dishwashing sinks, a Somerset Pizza Press, Hobart Industrial Mixer, and several huge flat screen TVs featuring DIRECTV with the Full Sports package!
Not only is this restaurant for sale a hit with customers, but it also happened to be a franchise! If you decide to keep the concept, you will receive all of the benefits of a franchise. These include, but are not limited to; a four-week initial training and ongoing support, so you won't have to feel overwhelmed or alone if you are not completely in your element yet. Owning a franchise is a smart business decision; they have a recognizable and revered trademark, a tested and successful process with award-winning recipes, and never-ending support. Because of all these advantages, there is a one-time transfer fee of $12,500, which covers your initial training and transfer of ownership. There is a 5% of sales royalty fee for the use of their trademark, logo, processes, etc.
Wake Forest is a fantastic city to open your restaurant for sale. This approximately 2,819 square foot building has a monthly rent of just $4,750. That includes CAMS, taxes, and insurance! The current lease expires May 25, 2019, and has a 5-year option.
This restaurant for sale also has a license to sell Beer/Wine! That means that you won't have to go through the hassle and red-tape if you want to open a spot that serves beer and/or wine.
You could spend a fortune on build-outs, waste time on permits, and stress yourself out trying to come up with the perfect layout, equipment leasing, etc. Or, you could do what millions have done before you and make the smart decision to take over a restaurant for sale like this one.
Because this restaurant for sale is offered at an unbelievable price, it won't last long! Contract the restaurant brokers today and open the doors to your future, and a new restaurant, tomorrow!

About the Business

Location:
Wake Forest, North Carolina
Year Established:
2014
Number of Employees:
None
Real Estate:
Leased
Building Sq. Ft.:
2,819
Rent:
$4,735.92 Per Month
Facilities:
Restaurant Dining Room 4 3x3 Tables 16 Chairs Booth 1 Mini 3 Single 48in Booths 3 Double back to back 48in 2 Single 68in Booths 1 Double back to back 68in Booth Booth Tables 5 Medium 30in x 48in 2 Large 30in x 72in Flat Screen TVs DIRECTV Full Sports Package 1 60in Samsung 1 60in Vizio 3 42in Samsungs 1 50in Samsung 1 50in Vizio Chicago Decor and Collectables assorted Bar 1 Beverage Air 9 Taps 1 Beverage Air Cooler 1 Wine Glasses case of 24 2 Sinks 1 Keurig Coffee Machine Kitchen 1 Picard Spitfire Oven SF 8 24 Refrigeration 1 6x3 True Freezer T 19 F 1 5x6 True Freezer T 49 1 Southern Stainless CL FZ DJ 81 91 C Walk In Cooler Freezer Combo 8x15 2 8x2 Refrigerated Prep Tables 1 Elkay 3 Bay Dishwashing Sinks 1 Elkay 1 Bay Dishwashing Sink 1 Dishwashing Sink counter 1 Small Prep Sink 1 Medium Prep Sink 3 Restaurant Utility Carts Storage Rack 1 6x2 Alexander Industries 5 NSF Rack 24in x 48in Ceiling Racks 1 NSF Ceiling 18in x 60in x 72in Shelves 1 NFS 30in x 21in x 72in Shelves 1 NFS 36in x 14in x 72 in Shelves 1 Select Stainless 28in x 84in Work 2 Rubber Maid Wire Shelves 18in 2 24in Advance Tabco Work Tables 1 18in Advance Tabco Work Table 1 18in x 24in Blendport Work Table 1 30in x 60in Blendport Work Table 1 24in x 36in Blendport Work Table 1 Stainless Shelf 20in x 120in 1 Stainless Shelf 14in x 72in 3 14in x 36in Blue Air Shelves 3 14in x 72in Blue Air Shelves 1 Somerset Pizza Press CDR 2000 1 Hobart Industrial Mizer 1 Duke E101 E Full Size Electric Convection Oven 2 American Range Fryers 1 American Range Grill 1 American Range 6 Burner Gas Stove Warmers 2 FWE Standing Warmers 1 Microwave 1 Qualite 3 Dish Sauce Warmer Chicago Deep Dish Pans 12 14in Large 24 10in Small Serving Trays 28 Extra Large 22 Large 11 Medium 8 Small Pizza Shovels 2 Large 1 Small 12 Cutlery Dozen 10 Plates Half Dozen 4 Glasses 16 per
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
High income area next to multiple schools college movie theater unique pizza customers are begging for them to re-open
Growth & Expansion:
Area is thriving and growing Located in an area with a lot of needs that are not currently being met There is potential for marketing and promotional opportunities including the implementation of a district-wide weekly school catering delivery service
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About the Sale

Training/Support:
4 weeks

Listing Info

ID:
1613402
Ad Detail Views:
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Business Listed by

Eric Gagnon

We Sell Restaurants
License# H49152

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U.S. Census Data for Wake County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Wake County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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