Greensboro North Carolina Restaurant for Sale – Profitable – Close to UNC Campus – One Owner 20 Years – Keep or Convert – BIG Price Drop $99,000
Greensboro North Carolina Restaurant for Sale – Profitable – Close to UNC Campus – One Owner 20 Years – Keep or Convert – BIG Price Drop $99,000
Price: $99,000
Location: Greene
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 6041
Greensboro NC Restaurant for Sale
Located in a desirable neighborhood.
Close to the University of NC-G Campus.
2,000/SF
Seating for 50.
Outdoor seating for 18.
The monthly rent is $2,400 all in.
Established 20-years.
Semi-Absentee Owner puts in 3-5 hours weekly.
Open 11:30 AM-9 PM Daily.
Full staff in place including Manager and Head Cook who has been there for 16 yrs.
Business can be kept as is or converted.
Books and records available.
2023 sales are up over previous years.
2022 Gross Sale $500,000.
2022 Net Profit is approximately $80,000.
Full Kitchen.
Gorgeous build-out.
Keep or Convert.
Gross Revenue: $500,000
Cash flow: $80,000
Reason For Sale:
Other business interests
Training & Support:
Ask broker
Year Established: 2004
Days & Hours of Operation: Open 11:30 AM-9 PM Daily.
Owner Hours Per Week: Open 11:30 AM-9 PM Daily.
Non-Owner Payroll: Ask broker
Employees: Full staff in place including Manager and Head Cook who has been there for 16 yrs.
Managers: Yes
Monthly Rent: 2400
Type of Location: Ask broker
Square Footage: 2000
Facilities Information:
2,000/SF
Seating for 50.
Outdoor seating for 18.
The monthly rent is $2,400 all in.
Established 20-years.
Semi-Absentee Owner puts in 3-5 hours weekly.
Open 11:30 AM-9 PM Daily.
Full staff in place including Manager and Head Cook who has been there for 16 yrs.
Competition:
Ask broker.
Potential Growth:
Keep or Convert.