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     CONSTRUCTION EQUIPMENT AND PARTY RENTAL

This rental company is a 24 year old family-owned business specializing in rental supplies for construction projects and special events.  Whether you’re planning a wedding, birthday party, conference, a construction project or other activity requiring short or long term construction or party rental items, this business is the one to call for professional and courteous service.   From large tents, dance floors, china, glassware, silverware or most any construction related equipment, this business has it all.  Need a Bobcat, tiller or lawn mower?  You’ll have access to a broad range of carefully maintained equipment at very reasonable prices. This company was founded on the principles of providing courteous, individual customer care and providing clean, well-maintained equipment and party rental items to their customers. Service representatives are always available to assist their customers with all their rental needs from a well stocked 20,000 sq. ft. facility located conveniently in a highly commercialized area of the city.  2017 income was $1,625,973 with owner cash flow of $569,701.  The owner is in his 70’s and wishes to retire.  Two weeks of familiarization is offered and the business is pre-qualified for an SBA loan.  The asking price of this well established business is $2,000,000.

Contact Don Gamble at 919-407-2404 for additional information.

 

     RESTAURANT

**600,000 Plus INVENTORY.  IN BUSINESS 24 YEARS**

This business is a large buffet style restaurant seating 190 people with a separate meeting room accommodating another 160 people.  This space is rented often to church groups, reunions and receptions for the price of their meals. The menu is American and 90 percent of their business is from the daily buffet with the menu and prices displayed on a very nice, full color website.  The kitchen is very large with walk-in refrigeration and freezer capacity.  The business opens for lunch and dinner Monday through Saturday and lunch only on Sunday from 11am until 3pm.  Buffet items change daily and prices range from $9.00 to $12.50.  The business has been a destination point for many years with a very steady and loyal customer base.  The business is also located in the close proximity to a major chain motel off busy Interstate 95 and sits on a 1.4 acre tract with a large parking area. Sales during 2017 were $1,699,000 with owner cashflow of $278,645.  The sale of the business must be in CONJUNCTION WITH the sale of the real estate which is priced at the appraised value of $1,000,020.    The business and real estate has been pre-qualified by a major bank for SBA lending.

Contact Don Gamble at 919-407-2404 for further details and to arrange a meeting and walk-through.

 

  

     HAIR SALON

**SOLD**

This well established, modern full service salon specializes  in hair color and design and  is located in one of Durham’s more prestigious neighborhood.  The shop offers a full line of professional hair care services and products for the entire family.  Services include hair coloring and styling, custom cuts and creations,  highlights and lowlights, creative color, permanent and body waves, texture waves, facial waxing, up-dos and special occasion styles as well as hair straightening..  Quality hair products such as REF, PRODESIGN, ENJOY and KERATHERAPY are available for their customers and walk-ins are both welcome and frequent.  The shop’s hours of operation Monday through Saturdays are  convenient for those desiring an appointment later in the day.  The salon features 13 styling stations.  The  owner and staff of 7 stylists  are current on all the latest trends, color techniques and cutting edge designs for both men and women. There is a very attractive reception area staffed full time by  receptionists with a state of the art computerized scheduling system.  The business has been voted top in the industry in various magazines and websites in the area over the past 10+ years thanks in no small part to the continuous training, advanced technical experience and education of their stylists and their understanding of all hair types, textures, and multiple uses of tools.   This excellent business is offered for $111,200 with owner financing of 50 percent for 5 years at 5 percent interest.  The present owner is pursuing other business interest and works in the shop just one day a week and in their opinion, there is potential for a working owner/stylist’s income to easily approach a 6-didit level.

Contact Don Gamble at 919-407-2404 for an appointment to review this business.

    

    

     RESTAURANT & BAR

This family restaurant is located in Sampson County, NC and consists of appx. 3,028sf. The main dining area seats 50 in a combination of booths and tables and was completely refurbished in late 2013 including new electrical, plumbing, flooring, walls, ceiling and 3 new HVAC systems. An addition to the main building newly constructed in 2013 consists of a second dining area and a bar which seats an additional 40 people. The business has ABC permits for on-premise beer, wine and mixed beverages. The kitchen is well equipped, very modern and well organized meeting all existing health codes. There was damage to the building in 2016 as a result of hurricane Matthew but flood damage insurance carried by the Seller covered all repairs. Additional minor damage occurred with Hurricane Florence but again, flood insurance covered costs for restoration. Currently, the restaurant is closed on Mondays. Lunch is available all other days from 11am until 2pm. Dinner is served from 5pm until 9pm Tuesday, Wednesday, Thursday and Sundays with extended hours on Friday and Saturday evening. The Seller has recently added a 40 X 34 ft. patio where patrons can enjoy their food or beverage in the open air when weather permits. The restaurant offers a full range of lunch and dinner entrees at very reasonable prices. Sales for the 18 months from March, 2017 thru August, 2018 were $736,364 with average monthly cash flow of $5,398 after all expenses. There's no other restaurant of this quality and menu offering in the town of Newton Grove and diners from locations in Harnett, Johnston, Wayne and Sampson counties are regular customers of the business. The owner works P/T a few hours a week but there is a well qualified manager in place with a thorough knowledge of the operation. The business is offered for $60,000 cash and the owner will lease the property for five years starting at $2,800. The property is appraised for approximately $290,000 and the owner would sell the business AND the real estate for $300,000 as an alternative to the above terms. Net earnings could be greatly increased with a daily offering of breakfast AND lunch, catering and the elimination of some management personnel if OWNER OPERATED. Signage on Interstate 40 might also generate additional sales since it is situated about 1/2 mile off this busy interstate.

 Contact Don Gamble at  919-407-2404 with questions or to schedule a walk-through. 

   

       

       

     FORMER ELKS LODGE  **SOLD**

3920 S. Alston Ave., Durham, NC

1.9 ACRE / 7,200 SQ FT /  PRICE REDUCED FROM $1,200,000 TO $990,000.  TRUSTEES SAY MAKE AN OFFER.

This property became available after the Durham Elks Lodge decided to give up their charter earlier in 2016.  Land was acquired in 2007 and construction of the building was completed in 2008.  The building is equipped with a full kitchen including a 12 ft. stainless steel hood system with fire suppression, grills, a six-burner stove with oven and associated prep areas and refrigeration.  There is a fully equipped club room, offices, storage and a large meeting hall.  (See photo below.) The building and roof is steel framed on a concrete pad with exterior metal siding with a brick front facing Alston Ave.  There are 49 parking spaces marked on the side and rear of the building with a large canopy over the main building entrance with a paved, circular drive in front.  Current zoning is OI (office-Institutional.)  Uses permitted include a place of worship, office spaces, all levels of educational facilities from elementary through high school and includes technical schools.  Other uses permitted include day care, art/music/dance/photography studio or gallery and indoor recreation.  The building is equipped with emergency lighting, sprinkler system and the space is monitored for unlawful intrusion. There are six air-conditioning units, two each serving the club room and office spaces, kitchen and the large meeting room.

To view the interior of the property, please  contact Don Gamble at 919-688-0049 or 919-407-2404.

                                

    

 

        For additional confidential listings, please call 919-688-0049.

    

     

 Below are some of the previous sales conducted by

Atlantic Business Brokers

throughout the Triangle and Piedmont area...

· COMPUTER SERVICES AND REPAIR—N. RALEIGH

· DRY CLEANERS—WENDELL/KNIGHTDALE

· PLUMBING COMPANY—DURHAM

· CLOTHING CONSIGNMENT—N. RALEIGH

· HEALTH FOOD—RALEIGH

· STATIONARY SHOP—CARY

· FRANCHISED PRINTING—CARY

· NON-FRANCHISED PRINTING—N. RALEIGH

· Home Health Care Equipment Sales and Rental—RTP

· ART SUPPLY—CHAPEL HILL

· TOOLS & FASTENERS—MORRISVILLE

· DANCE STUDIO—DURHAM

· PIZZA RESTAURANT-FUQUAY—VARINA

· ADULT CARE HOME—DURHAM

· CONVENIENCE STORE W/REAL ESTATE—I-85

· BREAKFAST/LUNCH CAFE—BUTNER

· MARINA W/REAL ESTATE—WARREN COUNTY, NC

· MARINE SALES—BRACEY, VA

· SPORTS BAR—MORRISVILLE

· PACKAGING  & SHIPPING, 4 LOCATIONS—DURHAM

· CHILD CARE CENTER W/REAL ESTATE—HENDERSON

· QUIZNO'S-2 LOCATIONS—RALEIGH

· ROOFING CONTRACTOR—APEX

· FURNITURE RETAIL—CHAPEL HILL

· SPORTS BAR—CHAPEL HILL

· FLOORING & WALL COVERINGS—HILLSBOROUGH

· BREAKFAST/LUNCH BBQ RESTAURANT—ORANGE COUNTY

· STUDENT RETAIL CENTER—CHAPEL HILL

· MALL-BASED CONVENIENCE STORE--WAKE COUNTY

 

WE CAN SELL YOUR BUSINESS TOO!  GIVE US A CALL.

YOUR TRIANGLE AREA BROKER SINCE 1992.