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DLP810

High Profit Pizzeria – Hot Durham Location – Recently REDUCED!

Business for Sale

Durham, NC 27701

Price: $ 79,000
Space Size: 4,700 SF
Rent (SF/Yr): $ 14.46
Monthly Rent: $ 5,663
Property Type: Retail

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Description:

Established Pizza/Bar restaurant of 4,700ft2 in fantastic Downtown Durham location. Business shows sales of approx. $1.3M and net operating profit of $175,000/yr but owner/operator would earn $200-250K.

Located in a fabulous historic area of Downtown Durham with very reasonable rent and good term remaining on Lease.

Buyer will need to change the name of the business (seller will give no-compete), or seller will consider allowing the use of the name for undetermined compensation.

Features:

Large, active bar, outdoor seating, near high density retail, office and residential in hip downtown area of Durham

Additional Information:

Listing ID: DLP810
County: Durham
Year Established: 2012
Number of Employees: 20