This intimate farm-to-fork restaurant with glowing Google reviews is located on a busy street in the downtown area of a historic town in Chatham County, North Carolina. Fully renovated and reopened in 2024, this eatery offers a chef-driven menu that includes Breakfast, Lunch, Dinner, and Weekend Brunch, plus a “grab n go” breakfast burrito service that allows guests to stay in their car. Described as ‘elevated comfort food’, the Chef has developed relationships with several farms in the area and features locally sourced ingredients in most dishes. There is something for every taste, and each dish on every menu is plated beautifully. Breakfast features French omelets, daily burrito specials, house made pastries, and breakfast sandwiches; Lunch includes inventive salads, sandwiches, seafood, and daily “fresh from the farm” chef features. Brunch offers a departure from routine fare, offering an extensive and creative menu that has made a mark in the community, while Dinner is presented 5 nights a week and includes distinctive “shared plates”, mains, sides. All menus offer Vegetarian, Vegan and Gluten free options, and all desserts are created by in-house pastry chef. The full bar program includes an imaginative craft cocktail list, a selection of local beer, and wines by the glass and bottle. Catering services are also offered, as is Afternoon Tea on the last Monday of every month, and two “cloud kitchens” operate independently of the restaurant.
- Asking Price:
- $100K - $250K Furniture / Fixtures included
- Sales Revenue:
- $500K - $1M
- Cash Flow:
- Under $50K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
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November 2031
- Leasehold Rent:
-
$30,000 per annum
- Location:
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This restaurant located on a busy street in the downtown area of a historic town in Chatham County, North Carolina.
- Premises Details:
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The restaurant is 1800 square feet + and outdoor patio of approximately 200 square feet.
The indoor seating is for 32 guests, which includes 2 bar stools. Outdoor seating accommodates 20. Additional outdoor seating can be made available. By renovating the restaurant office and catering area, additional indoor seating could be made available. A long-term lease is in place through November of 2031.
Business Operation
- Expansion Potential:
-
• The restaurant is closed on Mondays and Tuesdays and the community keeps asking for service to be provided on both days.
• Because there is not a dedicated Catering Coordinator or Manager on board, the restaurant has failed to capitalize on the many catering inquiries and opportunities, turning down events that, with proper staffing, they could easily handle. With a dedicated catering coordinator and proper website presence, social media blasts, and text / email marketing, this is rife with potential.
• With an on-site owner who is able to spend the necessary time on outreach, food costing, and labor oversight, there is significant opportunity for increased awareness of the restaurant, increased customer base, and savings in both labor and food costs.
• As the area continues to grow, this restaurant is poised to be not only on the culinary map in this town, but of North Carolina, and even the SE United States.
• The landlord of the building is extremely flexible and genuinely interested in the success of the business and is willing to assist as needed.
• There are opportunities to add additional seating.
• The Chef is eager and motivated to participate in local fairs and events + host ticketed Chef dinners at local farms.
- Competition / Market:
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Few restaurants in the area offer as diverse or as complete menu options. From small plates to full entrée items to homemade desserts, all complemented by a full bar program, there is literally something for everyone at all times of the day and night.
- Reasons for selling:
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Seller is absentee and wants to pursue other interests.
- Trading hours:
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Wed – Fri: Breakfast/Lunch, Wed – Sun: Dinner – Sat – Sun: Brunch
- Employees:
- Employees: 1 FT Manager, 1 FT Floor Supervisor, 1 FT/1PT Bar staff, 3FT/4PT Kitchen staff, 6 Wait staff
- Years established:
- 1
Other Information
- Support & training:
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Seller is willing to support a smooth transition. Restaurant has a full, trained staff
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
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Seller is open to some amount of financing for the right Buyer.
- Furniture / Fixtures value:
- $104,300 - included in the asking price
