Under Contract - Highly Trafficked Turn-Key Durham Restaurant
Durham, NC
| Asking Price: | $180,000 |
| Gross Revenue: | $410,000 |
| Rent: | $5,200/Month |
| Cash Flow: | $85,000 |
| Inventory: | $3,800 |
| Established Year: | 1997 |
Listing ID: 2284037Listing provided by BizBuySell
BUSINESS DESCRIPTION
This restaurant has been established for 20+ years in a highly trafficked area of Durham, NC. Typical buildout for a space this large would be well over 300K. Restaurant capacity of 120 with recent kitchen upgrades of thousands of dollars.
Great mailing list from long-standing reputation. More information to be shared upon completion of NDA.
DETAILED INFORMATION
Location
Durham, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,200
Facilities
Fully equipped kitchen owned by seller.
Competition
The whole street is full of restaurants and shopping of a wide variety
Financing
Seller willing to provide minimal seller financing if buyer offering collateral.
Support & Training
Seller willing to provide 2 weeks training, but most probable buyer is someone wanting to implement their own vision.
Reason for Selling
Retirement & Relocation
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