Cary Restaurant and Bar for Sale - $210K in Owner Earnings!

Cary, NC
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Asking Price:$599,999
Gross Revenue:$997,121
Established Year:2017
Cash Flow:$213,471
Rent:$12,191/Month
BUSINESS DESCRIPTION

This Cary, NC, Restaurant and Bar for Sale presents an exceptional opportunity for a new owner to take over a thriving and profitable business. Generating nearly $1,000,000 in annual sales, this well-established location offers a strong foundation for ongoing success. With owner earnings exceeding $210,000 annually, it's an outstanding investment for a hands-on operator or an experienced restaurateur looking to expand their portfolio.
Located in West Cary, this Restaurant and Bar for Sale benefits from a prime location that has been instrumental to its success. Nestled amid vibrant residential and business communities, it enjoys a steady flow of loyal patrons and new visitors drawn to the area. The establishment features a full-service bar with 20 seats, and its recently refreshed interior offers an attractive, move-in-ready space—an appealing alternative to starting from scratch. Favorable lease terms (two years remaining on the current term with a 10-year renewal option) further enhance the financial feasibility and long-term stability of this opportunity.
At We Sell Restaurants, we understand that securing financing is a critical step in acquiring a business. That's why SBA financing is available for this North Carolina restaurant, providing qualified buyers with the chance to step in with minimal upfront investment. We're here to guide you through the loan process and connect you with trusted lenders ready to support your goals. Whether you're a first-time buyer or a seasoned operator, this Restaurant and Bar for Sale delivers everything you need to succeed.
This turnkey restaurant comes fully equipped and ready for business, including two hoods, a landlord-maintained grease trap, two walk-in refrigerators, and more. Its independent concept means no franchise fees or royalties—just the freedom to operate as you see fit. You can retain the popular menu items that customers rave about or introduce your own culinary vision. The choice is yours when you own and operate this profitable Restaurant and Bar for Sale.
Hit the ground running and enjoy substantial owner earnings when you take over this well-staffed and smoothly operating Restaurant and Bar for Sale. The experienced team ensures customer satisfaction and consistent revenue streams, making it easier for you to focus on growth and success.
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DETAILED INFORMATION
Location
Cary, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,631
Lease Expiration
31/08/2028
Employees
12
Facilities
Equipment List ?Hood Yes, 2 Hoods ?Grease Trap In ground and maintained by the landlord, shared with the plaza businesses ? 2-Fryer 2 ? 5 burner Stove ? 4 burner Stove ? Flat Top ? Chargrill ? Convection Oven ? 2-Commercial Toaster Oven ? Soup steamer ? three compartment steamer ? 2-Microwave ? Dough Mixer ? 1-Blender ? Smallwares ? pots, pans, ladles, etc. MISC ? Soup Well ? Miscellaneous shelving ? Prep Table ? Sheet Pan Racks MISC ? Scale ? Convention Oven Refrigeration ?2- Walk In Coolers, one for beer and one for food. ? 3-Reach In Cooler ? 2-Reach in Freezer ? 3 Under Counter Coolers ? 1-Ice Machine ? Sandwich Prep Coolers Front of House 150 Chairs 45 Tables ? Flatware MISC ? Service ware MISC Bar ? Blender ? Ice Well ? Sound System ? Bar Glassware and Smallwares misc ? Bar Stools 20 Other ? Store Delivery Vehicle (van or other wrapped vehicle) YES ? POS System ? Brand 2 TOUCH AND CLOVER ? Security System with Cameras CPI ? Store D?cor Various store d?cor included, EXCLUDE ALL SPORT MEMORIBILIA AND ALL PERSONAL PHOTOS ? Flat Screen TV?s 22 TVS, 3 PROJECTORS TVs ? High Chairs 3 ? Trash receptacles MISC ? 11-Patio Tables ? 40-Patio Chairs ? 2-Patio Sofas ? Misc Plants
Competition
This is an established location that has been in business for 7 years. It has a full bar, as well as a full dining room. It has a strong relationship with the community, with many business groups and events being hosted.
Growth & Expansion
There is an opportunity for enhanced catering, leasing of the kitchen during off hours for food trucks, as well as a brunch or breakfast service.
Support & Training
2 weeks.
Reason for Selling
Retirement
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Paul
Peterson
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Paul Peterson