Top Mall Restaurant/ Bar/ Tavern – Raleigh Durham Chapel Hill, NC

Asking Price:$650,000

GROSS REVENUE:$2,200,000

CASH FLOW: $360,000

Rent:$16,666.67 /Month

Business Description

Traffic, traffic, traffic! 6 figure earnings! Top volume mall location!

If you are looking for a successful alcohol-based entertainment business like taverns, bars or breweries making big moolah, look no further.

This coveted mall restaurant / bar / tavern is for serial or seasoned restaurateurs with vision, culinary stars, experience of managing humongous crowds, and who can convert high risk into high rewards. Located in one of Triangle’s largest malls, this is the perfect place for chilling with exotic food and drinks, be it during the day or at night, or a bottle of bubbly to celebrate a milestone. Use the current concept or change it, there is plenty of room for experimentation, creativity and drama.

Premier restaurant with a fully stocked bar offering an adventurous, exciting and relaxing atmosphere to dine, and a distinguished and enriching menu of specialty dishes to keep up with high customer demand. The restaurant has expensive custom build out, and beautiful custom wood decor that gives it a raw, quirky feel. The dark interior with soft lights enhances your mood and make it the perfect place to lounge. The restaurant makes additional income from hosting fun weekly events, live music, dance parties, dance lessons, and seasonal and holiday events.

The restaurant is located in one of Triangle’s biggest shopping mall that is a favorite choice in leasing for retailers and restaurateurs with unparalleled demographics, exposure and popularity. The facility is easily accessible from multiple counties, and is in close proximity to major highways, retail, office and recreational spaces, universities and colleges, hotels with high occupancy, and the Raleigh-Durham International Airport. The restaurant entices tourists and enjoys a loyal base of repeat local customers too. The Raleigh-Durham-Chapel Hill market (“The Triangle”) is a very favorable area for investment. The local economy boasts excellent healthcare, steady job growth, a ready pool of skilled labor, and a sizable number of college, tech and grad school students. Forbes Magazine has named Raleigh as top-10 city for entrepreneurs, which bodes well for retailers.

For more details, to list your own restaurant or business for sale, or for a complete list of businesses for sale / coming soon, please call Madhur Gupta at (919) 428-9840.

Information in this listing has been provided by the seller, and is subject to change without notice. Buyer(s) must independently verify this information, and we assume no responsibility for its accuracy or completeness.

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