Repriced: Small Plates Restaurant near Five Points, Raleigh
| Asking Price: | $195,000 |
| Gross Revenue: | $600,000 |
| Cash Flow: | $100,000 |
| Rent: | $4,400/Month |
Unlock the potential of owning a successful Modern Fusion restaurant that seamlessly blends the rich flavors of American, Asian, and Latin cuisines in an accessible small-plates concept. Nestled in a prime location Inside-the-Beltline, this chic and inviting establishment spans 2,300 square feet and boasts an impressive monthly sales volume of approximately $50,000 (pre-COVID: $90,000).
Currently under efficient management with a salaried General Manager, the restaurant yields a solid profit of around $54,000 per year for the absentee owner. However, for those looking to take a hands-on approach, transforming this gem into an owner-operated venture could yield an even more lucrative income exceeding $100,000 annually.
The thoughtfully designed space includes a full bar, outdoor seating, and an exquisite interior. With reasonable rent and the potential to adapt to various concepts, this establishment is not only an ideal upscale tavern or bistro but also offers versatility for creative reinvention.
Don't miss out on this fantastic opportunity! For more details and a confidential discussion, please contact our broker.
