NCDA&CS - Request for proposals for the operation and management of a 6, 764-square-foot Modernized and renovated restaurant facility in Greensboro.

The North Carolina Department of Agriculture and Consumer Services, through the Department of Administration State Property Office, is soliciting proposals for the operation and management of a 6,764-square-foot modernized restaurant facility at the Piedmont Triad Farmers Market in Colfax, Guilford County, with proposals due October 7, 2026, at 4:00 PM ET and a pre-proposal conference on September 16, 2026, at 10:00 AM.

The facility attracts approximately 1.8 million annual visitors and 700,000 vehicles entering the property annually. The State prefers a country-cooking or homestyle cuisine concept with a family-friendly atmosphere, emphasizing comfort food, fresh ingredients, bakery items, and locally sourced products leveraging the Farmers Market's direct relationships with regional farmers and specialty growers. The property includes two dining areas, a bar, meeting space, outdoor dining for approximately 28 seats, commercial kitchen, catering and storage rooms, and ample paved parking with direct I-40 access (Exit 208) near Greensboro, High Point, and Winston-Salem.

Proposers must demonstrate a minimum of ten years preferred restaurant management experience and a minimum of five years preferred experience with ABC (alcohol) permits with no violations. The tenant assumes responsibility for all upfits, equipment, furnishings, alterations, utilities, permits, licenses, insurance, and janitorial maintenance. Required insurance includes $1,000,000/$5,000,000 combined single limit general liability, workers' compensation, automobile liability, and $1,000,000 product liability. The tenant must maintain a Grade "A" sanitation rating and operate at least six days per week with preferred year-round seven-day operation including breakfast, lunch, and dinner service.

The lease structure includes a minimum annual base rent of $75,000 with preferred annual escalations of at least 2%, plus a preferred revenue-sharing component of 6% of gross revenues exceeding a specified threshold. The initial lease term is ten years with optional renewals of up to two additional ten-year periods. Lease commencement is anticipated January 1, 2027. Proposals must be submitted electronically via the North Carolina eProcurement Electronic Vendor Portal. Evaluation criteria include complementarity with the Farmers Market operation, demonstrated ability to execute, sufficient funds, rent amount offered, and relevant public interest factors.