#1510 Landmark Destination Eatery with Solid Cash Flow

Raleigh, NC (Wake County)

#1510 Landmark Destination Eatery with Solid Cash Flow
Contact Seller

Asking Price: $1,500,000

Cash Flow: $448,790

Gross Revenue: $3,475,932

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

#1510 Landmark Destination Eatery with Solid Cash Flow

Save Print Share Valuation Report

Business Description

This eatery is a local fixture and has become its community’s go-to destination for over two decades. Just north of Fayetteville and southeast of Raleigh, this establishment serves local businesses, families, large groups, and churches with a diverse and varied menu from seafood entrees to hand cut steaks.

This business has a tenured staff with family style customer relationships and they hold a significant market position in the local dining space. They offer consistent and superior quality service, strong community relationships, and a relatively low-cost dining option that fits multiple family income budgets.

This business is a franchised concept, with minimized franchisor involvement. They owners have a solid reputation locally and participate in multiple charities and community outreach programs.

• Major interior front of house remodel with new dining room furniture and décor
• Currently seats 300+ with capacity for several more tables
• Up-to-date kitchen equipment, no CAPEX expected for the next 3 years
• Within driving distance of two major metro areas
• Limited competition
• Steady & consistent growth year over year

Detailed Information

Location:
Raleigh, NC
Contact Seller

Contact the Seller

Contact Seller Loading

Josh Stamey

Business Listed By:
Josh Stamey

Viking Mergers & Acquisitions

Show Phone Number

View My Listings


Sponsoring Broker:
Jay Offerdahl

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1684083 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 of Use before responding to any ad.


Similar Listings


Apple Spice

Franchise Opportunity
Cash Required: $100,000