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Restaurant: Fantastic Opportunity

RestaurantsFor Sale in Chapel Hill, NC

Financial & Assets Details

$480,000
$105,000

About the Business

2020
6

Business Description

Returning Students and Faculty will make this restaurant's business boom. Yes, there was a significant sales drop last year when the pandemic arrived. But this business survived the sales reduction and is strategically located to rebound as the recovery will arrive in Chapel Hill, NC with the returning students and staff for 2021. The seller is expecting a significant rebound but his personal situation has changed and other obligations create the need to sale. At the current monthly sales the business averages $40k per month. Last year just before the pandemic caused the sales to plummet the monthly sales number total was $70k (February 2020). Seller is expecting a 50-75% increase from the current sales level.

Listing ID: FS97688

Listed by:

Gary Roseman County South Realty & Business Brokers countysouth.biz/listings.php?desc=1 Listings: 41(704) 440-4433 View My Listings

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