Highly Successful VEGAN American DTR Raleigh
Highly Successful VEGAN American DTR Raleigh
Business for Sale
Raleigh, NC
| Price: | $ 295,000 |
| Space Size: | 3,000 SF |
| Monthly Rent: | $ 6,900 |
| Property Type: | Retail |
Description:
Business Description
WAS $595K now $295K negotiable.
Highly profitable (pre COVID – closed since March reopening in Sept), Downtown Raleigh American restaurant featuring VEGAN and Vegetarian as well as more tradional dishes! Business does approximately 50% meat proteins and has tons of new equipment!
This business is a Raleigh Tradition, and enjoys sales of $1,500,000 and Seller reports profits of $200,000.
With 3,000ft2 plus generous outside seating, the base rent is only $7,000/mo and lease runs until 2024 with years of renewals available.
Confidential listing – call or email Broker for more information.
Detailed Information
- Location:
- Raleigh, NC
- Inventory:
- Not included in asking price
- Real Estate:
- Leased
- Building SF:
- 3,000
- Lease Expiration:
- 6/1/2024
- Employees:
- 20
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Beautiful outdoor seating streetside.
- Competition:
- well established within niche. well located with HUGE development going up nearby.
- Financing:
- Will consider partial owner financing for qualified buyer
- Support & Training:
- Owner will provide reasonable training.
- Reason for Selling:
- partnership
Additional Information:
| County: | Wake |
| Year Established: | 2006 |
| Number of Employees: | 20 |
| Lease End Date: | June 1, 2024 |