Rapidly Growing, Semi-Absentee Operated Cafe & Catering Service

Wake County, NC

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$830,000
Established Year:2021
Cash Flow:$150,000
Rent:$7,500/Month
BUSINESS DESCRIPTION

This breakfast/lunch centric restaurant located in Wake County is turn-key with a general manager, kitchen manager, and catering manager already in place.

The business has a cult following of over 15,000 social media followers with net income increasing almost 50% from '22 to '23. Many recurring corporate lunch caterings bolster its continually growing catering business.

Currently being overseen by an out of state owner, this business is in prime position for a new owner to take the reins and foster more community relationships for even faster growth.


DETAILED INFORMATION
Location
Wake County, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,850
Employees
14
Competition
With the continuing influx of businesses, catering continues to be a great lunch revenue stream. In its current location, there are no other cafe's or coffee shops. With all the businesses in walking distance, it's established itself as the primary cafe option.
Growth & Expansion
Add a coffee cart option, expand catering services, focus on creating events at store location, look into offering dinner options.
Financing
Seller will consider some financing for a qualified buyer
Support & Training
Sellers willing to stay on and work with buyer for several months to ensure successful transition.
Reason for Selling
Partner moved out of state and believes the business would be best suited for an
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Shanon
Madrid
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Shanon Madrid