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DW2114

Highly Profitable catering & cafe

Business for Sale

Durham, NC 27713

Price: $ 475,000
Space Size: 2,800 SF
Monthly Rent: $ 5,500
Property Type: Retail
EBITDA: $ 250,000
Gross Revenue: $ 1,400,000

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Description:

Boyd & Associates proudly offer this established, highly successful Restaurant/Catering operation, in a fantastic Research Triangle Park location. With an attractive 2,800ft2 building and rent of $5,500/mo NNN, this business has a sales history of $1.2-1.4M and returns a healthy $200K/year + net to the owner. This business is highly organized and comes with the book of business, facebook and website and it has very clear books to aid with evaluating it for an offer. Lots of term remaining on the lease (2032), through two renewals with only 10% rent increases. Beautiful outside covered patio.

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Additional Information:

Listing ID: DW2114
Year Established: 2006
Number of Employees: 14
Lease End Date: September 1, 2018