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Raleigh Durham, Chapel Hill NC Area

  • Listing No.: 209-00006

  • Category: Food - Restaurant

Asking Price $199,000.00
Down Payment
Gross Revenue $264,000.00
Total Adjusted Net Income $48,000.00
Equipment / Fixtures $60,000.00
Year Established 2016
General Location Raleigh Durham, Chapel Hill NC Area
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Well established Peruvian Cuisine & Catering Restaurant business with a great reputation and a very loyal clientele. This restaurant is in a great location in one of the most popular areas in the country. Business has good, long-term relationships with vendors and customers. Owner calls this opportunity a "goldmine for the next buyer." Owner is selling due to health issues and will train new buyer with all of his trade secrets and best practices, along with providing full access to all of his contacts and existing vendors! He is a Motivated Seller!

Gross Revenue $264,000.00 Listed Price $199,000.00
Total Income $48,000.00 Down Payment
Base Rent $2,483.00 Square Feet 1538
Total Rent $3,091.00 Lease Expiration 3/2021
Rent Deposit $2,915.00 Lease Options 1 / 5 Years
Inventory $8,000.00 Leasehold Improvements
Equipment / Fixtures $60,000.00 Other Assets Fully Functional Website for Advertising, Online Ordering and Catering
Full-Time Employees 3 Training Period 2 Weeks after closing date
Part-Time Employees Special License Required Beer and Wine
Contract Staff Reason for Selling Owner has Health Issues

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.