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BUSINESS FOR SALE - PROFILE #  42630006

Profitable Vintage Diner with 20 year history
Raleigh, NC (Wake County)

Asking Price: $350,000   Down Payment: $262,500  
Gross Revenue: $887,000   Adj. Cash Flow*: $122,184  
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Executive Summary
This is a great opportunity for a restaurateur to continue the legacy and profitability of a historical restaurant in the Triangle. This vintage concept has proven the test of time and has two decades of opportunity secured through a favorable lease. It's located in a prime location on a busy road with over 174K people living within 5 miles. The facility itself is extremely clean and does not look it's age, with seating for 80, ample parking, and a classic look and feel that customers come back for year after year. This family restaurant is located in a busy shopping district near the intersection of two major highways in the Triangle.

Acquisition Highlights

  • This is a great opportunity for a restaurateur to continue the legacy and profitability of a historical restaurant in the Triangle. This vintage concept has proven the test of time and has two decades of opportunity secured through a favorable lease. It's located in a prime location on a busy road with over 174K people living within 5 miles. The facility itself is extremely clean and does not look it's age, with seating for 80, ample parking, and a classic look and feel that customers come back for year after year. This family restaurant is located in a busy shopping district near the intersection of two major highways in the Triangle.
  • Financing Information:  Owner Financing Available
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1997 Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Neal Isaacs
Phone:  (919) 628-0571
E-mail:  neal@vrbiztriangle.com
VR BUSINESS BROKERS - RALEIGH, NC
130B Wind Chime Court
Raleigh, NC 27615
www.vrbiztriangle.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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