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Business Listed by

Sunbelt Raleigh

Contact: Brian Fabricatore
Office Phone: 919-787-0566
Mobile Phone:
Listing ID: RALEINC001-N714

Multiple Operating Restaurants - Franchise Units and Territories

Financial Information

  • Asking Price: NEGOTIABLE
  • Gross Revenue: $1,884,704
  • Cash Flow: ON REQUEST
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Triangle
  • North Carolina
Primary Business Category: Limited-Service Restaurants

This exciting opportunity consists of three newly established fast casual franchise restaurants in the Triangle and the area development rights for North Carolina. The three locations are newly built out with new equipment and fixtures in major shopping centers strategically placed around the Triangle for maximum concentration. Offering a fresh trendy food menu and alcoholic and nonalcoholic beverages in a hip and funky, artistic setting. It is one of the hottest food franchises out there today. The franchise units have doubled in count (30 to 60) in the last 5 years and are on track to break 100 units in the US within the next 2 years, mostly due to growth in the South and South East.The owners have secured the franchise licenses, area development agreements, negotiated favorable leases, and have invested many hours of time and resources, large amounts of capital investment, construction build out, purchasing new equipment and fixtures, legal, professional, marketing, staffing and successfully dealt with the specific local government entities. The heavy lifting has been accomplished and the restaurant units are now rounding the corner of a very promising future and outcome.Despite the current potential for rapid growth of the business, the owners have come to the agreement that they wish to sell the franchise licenses, the territory area development rights, restaurant assets and assign the leases. They wish to pursue another new and unrelated business venture. The owner is willing to negotiate a short transition period with the new owner and existing staffing to insure a seamless transition. During the transition period the owner will assist in implementation of an established marketing plan focusing on key opportunities in the business for sales growth.We believe this is a rare opportunity for a buyer to circumvent the typical initial investment of time, energy and learning curve of starting from scratch to owning a turn-key operation with a proven franchise model and franchise support. The owners know they will obtain less than they have invested but are very motivated to consider all serious offers presented for the business.


Competition Description


Growth / Expansion overview

The owners have secured the franchise licenses, area development agreements, negotiated favorable leases, and have invested many hours of time and resources, large amounts of capital investment, construction build out, purchasing new equipment and fixtures, legal, professional, marketing, staffing and successfully dealt with the specific local government entities. The heavy lifting has been accomplished and the restaurant units are now rounding the corner of a very promising future and outcome.We believe this is a rare opportunity for a buyer to circumvent the typical initial investment of time, energy and learning curve of starting from scratch to owning a turn-key operation with a proven franchise model and franchise support. The owners know they will obtain less than they have invested but are very motivated to consider all serious offers presented for the business.


Support / Training Comments

The owner is willing to negotiate a short transition period with the new owner and existing staffing to insure a seamless transition. During the transition period the owner will assist in implementation of an established marketing plan focusing on key opportunities in the business for sales growth.


Financing Comments


Reason For Sale
Other Business Interests
  • Home Based: No
  • Year Established: 2016
  • Franchise: Yes
  • Year Acquired: 2016
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, Health Cert., Beer

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday-Sunday
  • Hours Open: Mon-Fri 10:30-9, Sat Sun 11-9
  • Fulltime Employees: 14
  • Part time Employees: 17
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 1875-2500 sq ft
  • Seats: 55100
  • Parking: Parking Lot
  • Monthly Rent: N/A

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