ASSET SALE – turnkey Tavern/Restaurant N. Raleigh NC

Business for Sale

Raleigh, NC 27614

Price: $ 49,000
Space Size: 3,500 SF
Monthly Rent: $ 6,500
Property Type: Retail
EBITDA: $ 100,000
Gross Revenue: $ 900,000

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ASSET SALE with NEW LEASE- Business has just ceased operation.


Beautiful established and profitable tavern which is a local favorite (think Cheers). Reasonable rent in a neighborhood setting with loyal following. This restaurant features a huge outdoor patio, lots of parking and strong numbers from it’s wide variety menu with a very well equipped kitchen and bar.

Renewal options for additional fifteen years after current term.


Includes Inventory with approximate value of $10,000

Additional Information:


Listing ID: RB3607
Year Established: 2014
Number of Employees: 15
Lease End Date: June 30, 2020
Sale Type: Investment OR Owner/User