RP520
Cafe in Recreation Area – Very Profitable
Raleigh, NC 27606
| Price: | $ 375,000 |
| Space Size: | 1,988 SF |
| Monthly Rent: | $ 2,000 |
| Property Type: | Retail |
| Gross Revenue: | $ 550,000 |
Profitable and well established, this Cafe is seasonally busy, and with annual sales of over $500K, and low rent of below $2,000/mo INCLUDING utilities, on it’s 1,988ft2 building, this exceptional business produces an average of $160K/year for ownership AFTER all expenses and a manager salary of $40K.
Fabulously well equipped, with an 8′ hood, walkin refrigerator and freezer, ample prep and large storage area, and this operation is immaculately clean.
The kitchen in this business is highly functional for catering as well, and might even be a great kitchen for a food truck operator (subject to landlord approvals). Owners can provide training/transition, and will consider partial seller financing for qualified buyer. Partnership option may also be considered.
NDA required – please call or email today to find out more about this exceptional opportunity.
Features:
Rent includes all utilities
Owner will provide support/training
Additional Information:
| Listing ID: | RP520 |
| County: | Wake |
| Year Established: | 2011 |