Price: $313,000
Location: Raleigh, NC (Wake County)
Industry: Coffee Shops and Cafes
Listing ID: 16953622-RM
Listing Status: New
If you ever wanted to own a vibrant and cool bar/restaurant, don’t let this opportunity slip away!
In the world of specialty teas, you have a wonderful option with this downtown establishment. Located in a prime location in a bustling downtown Raleigh, this Asian fusion restaurant has become a popular dining restaurant with an eclectic menu. From boba tea, which can be customized in countless ways, both with and without alcohol, to a varied menu of starters, soup bowls, steamed buns, sandwiches, and more, it’s a local favorite!
Their food consists of high quality ingredients of favorite cuisines across most of Asia and their tea is skillfully crafted from real ingredients by their professional bobaristas.
Enjoy the inviting vibe with its floor-to-ceiling windows, huge, bright murals, cool modern decor, and natural wood accents. This modern space includes multiple features that keeps customers coming back for the special environment and hard to find beverage and food offerings...
In addition to dine-in service, the restaurant also offers takeout and catering services, providing customers with convenient options to enjoy their favorite fusion dishes at home or in the office. They are open seven days a week...
This business has been established as an Asian fusion restaurant but it can easily be utilized to prepare any cuisine. The robust & fully functional kitchen can be adapted to meet the requirements of any dish preparation.
Down Payment: N/A
Total Sales: N/A
Cash Flow: $313,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $30,000
FFE Included: Yes
Inventory: $4,000
Inventory Included: Yes
Year Established: 2019
Non-Owner Payroll: N/A
Employees: 20
Lease Option: Leased
Real Estate: N/A
Monthly Rent: $9,500
Type of Location: Two story building with large outside seating, fenced courtyard.
Square Footage: 2977
Franchise: No
Training & Support: Two weeks with owner
Competition: Downtown Raleigh; new offices opening all the time!
Potential Growth: More offerings on the menu, breakfast, lunch and dinner