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Highly Successful VEGAN American DTR Raleigh

Highly Successful VEGAN American DTR Raleigh

Property for Lease

Raleigh, NC

Price: $ 595,000
Space Size: 3,000 SF
Monthly Rent: $ 6,900
Property Type: Retail
EBITDA: $ 200,000
Sales: $ 1,500,000
Gross Revenue: $ 1,500,000

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Description:

Highly profitable, Downtown Raleigh American restaurant featuring VEGAN and Vegetarian as well as more tradional dishes! 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
Lease End Date: June 1, 2024