Established Profitable High Traffic Area Restaurant

Orange County, NC

Established Profitable High Traffic Area Restaurant

Asking Price:$189,000

Cash Flow:N/A

Gross Revenue:N/A





*not included in asking price.

Established Profitable High Traffic Area Restaurant

Get Financing Save Print Share Valuation Report

Business Description

With plenty of walk by traffic so essential for success in the food industry and menu items that reflect a trending market segment this offering is ideal for a family owned business. The restaurant has been located in the same spot since 2001 and the current owners have been successfully serving the area for ten years. There are healthy items not found in the franchise world of fast food and yet the customer can walk in and get a fast meal or to go order quickly. Delivery service has been recently added to increase the revenues. Total revenues are in excess of $300,000 and adjusted net to owner above $72,000 with an attractive selling price of $189,000 this offering will not last long. You need to see this one if you are looking for a well-run business.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Opened originally in 2001. Current owners have owned the restaurant for 10 years and it has been profitable for that period.
Niche restaurant with very little competition. Markets: This restaurant is in a very high traffic area with constant daily traffic so important in the food industry. There is no other restaurant that fills this niche in the immediate area. There are very frequent local events that create revenues allowing the new owner to continue to reap the benefits. A major university is in close proximity.
Growth & Expansion:
College setting. Strengths: • Friendly service and commitment to quality • Great location that reduces the marketing expense to well below the industry average of 2.2%. • Loyal repeat customers and major university in close proximity Company Facilities and Operating Hours: The operating hours are Sunday through Thursday 11:30 AM to 9:45 PM. Friday and Saturday 11:30 AM to 10:00 PM. The equipment has been well maintained and in excellent working order.
Support & Training:
1 weeks
Reason for Selling:
other business interests

Listing Statistics for Premium Members

Ad#:1224961 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn how to use your 401k or IRA to fund a business - save 40% in fees. Business Funding Trust
Contact Seller Loading

Ray Canoy

Business Listed By:
Ray Canoy

Transworld Busines Advisors of Durham

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings

Wayback Burgers

Franchise Opportunity
Capital Required: $100,000