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Businesses For Sale > Business For Sale in Raleigh, North Carolina (NC)
Nostalgic restaurant just like the Old Soda Shops from the past for sale in Raleigh, NC
Raleigh, North Carolina (NC)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 1,400,000 |
$ 1,800,000 |
$ 280,000 |
Inventory Value:
$ 10,000 (not included in the asking price)
Real Estate:
$ 275,000 (included in the asking price)
Business Summary:
Nostalgic restaurant just like the Old Soda Shops from the past. Plenty of parking and lots of History. This place is very well known and established; so much so, that we have disguised its true location. INTERESTED PARTIES MUST BE DISCREET! It is Actually located within 35 minutes drive of the greater Raleigh area. The business is very successful but the owners must sell for personal reasons. Seller will provide a long history of profitable financial statements with an offer for serious buyers showing 1.4-1.8m in annual sells consistently for years. The business should provide discretionary income of $250k-280k per year after debt service.
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| Year
Business was Established: 1963 |
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| Number of Employees:
30 |
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| Facilities / Terms of Lease:
Full Menu restaurant in the old Soda Shop/Dairy Bar Style. Seats over 100 patrons. Real Estate, equipment, Good will, and all the utensils one needs to operate are included. |
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| Owner
willing to finance:
up to 50% seller financing available |
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| Owner
willing to train:
yes |
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| Reason for selling:
Personal reasons |
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Seller Reference Number: FS08507
BusinessMart.com Listing Number: 114878 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Billy Winkie
County South Business Brokers, Winkie & Associates
919-777-6878
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