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Sunbelt of Durham

Rapidly Growing, Semi-absentee Operated Cafe And Catering Business For Sale

Wake County, Nc, North Carolina, US
Asking Price:
$250,000
Sales Revenue:
$830,000
Cash Flow:
$150,000

This breakfast/lunch centric restaurant located in Wake County is turn-key with a general manager, kitchen manager, and catering manager already in place. The business has a cult following of over 15,000 social media followers with net income increasing almost 50% from '22 to '23. Many recurring corporate lunch caterings bolster its continually growing catering business. Currently being overseen by an out of state owner, this business is in prime position for a new owner to take the reins and foster more community relationships for even faster growth.
Real Estate Available: Yes
Real Estate Included: No
Real Estate Description:
Business is located in high traffic, safe area. There are both in and outdoor seating options. The cafe is picturesque and highly marketable as evidenced by its 15,000 Instagram followers.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $7,500.00
Owner worked hours per week: 5
Market Competition: With the continuing influx of businesses, catering continues to be a great lunch revenue stream. In its current location, there are no other cafe's or coffee shops. With all the businesses in walking distance, it's established itself as the primary cafe option.

Property Information

Size in square feet:
1,850

Business Operation

Reasons for selling:

Partner moved out of state and believes the business would be best suited for an in-state owner.

Employees:
Full Time: 2, Part Time: 12
Years established:
3

Other Information

Support & training:

Sellers willing to stay on and work with buyer for several months to ensure successful transition.

Financing available:

Financing is available