North Carolina
$800,000
North Carolina
$800,000
Mecklenburg County, NC
$96,800
Marion, NC
$30,000
Durham, NC
$300,000
Durham, NC
$199,000
Craven County, NC
$99,999
Burlington, NC
$399,000
New Hanover County, NC
$790,000
Raleigh, NC
$199,500
Oak Island, NC
$950,000
Kings Mountain, NC
$1,000,000
Blowing Rock, NC
Not Disclosed
Nash County, NC
$3,300,000
Fayetteville, NC
$2,500,000
Wilmington, NC
$7,000,000
Asheville, NC
Not Disclosed
Scott Curtis
First Choice Business Brokers Charlotte
Serving Mecklenburg County, NC
First Choice Business Brokers is one of the largest business sales organizations in the U.S., listing over $10 Billion in businesses for sale since our founding in 1994. We assist business owners by locating and matching them with the right buyer. Additionally, we also work with business buyers to find the right business that meets their purchase criteria. With many offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks.
Lillington, NC
$2,750,000
$5,000
$30,000
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in North Carolina and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
Number of Businesses Analyzed |
361 |
Median Asking Price |
$340,000 |
Median Reported Revenue |
$824,000 |
Median Reported Earnings |
$150,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
North Carolina Restaurant Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.28 |
1.97 |
Median |
0.43 |
2.50 |
Upper Quartile |
0.65 |
3.33 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in North Carolina?
The median asking price for restaurants in North Carolina is $340,000. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
The median reported discretionary earnings for restaurant businesses listed for sale in North Carolina is $150,000. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in North Carolina valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of North Carolina restaurant business listings, revenue multiples range from 0.28 to 0.65, with the median at 0.43. Earnings multiples range from 1.97 to 3.33, with the median at 2.50. This means restaurants in North Carolina are valued, on average, around 0.43 times annual revenue, and/or 2.5 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
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