REDUCED - ELEMENTS Restaurant- Acclaimed
Chapel Hill, NC
| Asking Price: | $199,000 |
| Gross Revenue: | $1,300,000 |
| Established Year: | 2012 |
| Cash Flow: | $225,000 |
| Rent: | $13,500/Month |
Listing ID: 1927743Listing provided by BizBuySell
BUSINESS DESCRIPTION
NEW REPRICE - Owner needs to retire!
ELEMENTS RESTAURANT - ASIAN FUSION - One of the Triangle's most highly acclaimed Farm to Table restaurants being offered for sale due to retirement of Owner. This 6,000ft2 (approximate) restaurant features an extensive outdoor patio and award winning wine bar. Business has history of sales approximately $2.0M pre-COVID and currently doing approx. $1.3M and climbing. Owner rarely there. Owner & 2 family members earning $75K each.
Photo representative, but not necessarily of actual location.
Confidential listing, call Broker for more information.
DETAILED INFORMATION
Location
Chapel Hill, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,000
Lease Expiration
30/07/2022
Financing
Seller will consider partial financing for qualified buyer.
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