5 Star Steakhouse Near Two Tourist Destinations

Not Disclosed, NC
Vance County

Big Fish In A Small Town


Asking Price: Annual Revenue:
$599,999 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 5 Star Steakhouse Near Two Tourist Destinations Broker: Rory McDermott

Quick Facts

Asking Price: $599,999
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $334,464
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 25
BBN Listing #: 316554992
Broker Reference #: 16931817-RM

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Business Overview:

Superb, high-volume landmark Steak and Seafood restaurant with the finest prime steaks and freshest seafood.

This destination and event space brings customers for miles to enjoy this successful landmark restaurant located near several popular North Carolina lakes.

With three floors including a handmade bar and a wine cellar, this restaurant, built in the early 1900s, offers so many opportunities for private parties, events, and celebrations.

They offer full service, dine in, and take out, currently on limited hours. Watch sales grow when you expand the hours of operation!

Fine wines, cocktails, and drink specials accompany a mouthwatering menu.

- You Won't Believe How Low The Rent Is! Not A Typo!
- Customers come from two states
- Opportunities for growth with adding new services and expanding operating hours
- Consistent customer base and adding new customers every month!
- Located on two acres between two tourist lakes
- 5 star reviews on Google, Yelp, and other social media channels
- Fire Grilled Steak & Seafood in a Rustic Log Cabin Atmosphere!

If you have always dreamed of owning a successful restaurant of your own, jump on this great opportunity today.

Complete the "Contact the seller" box for an automatic NDA and check your inbox/junk mail. A full business report is available with the location, pictures, staff details, and more!

Revenue representation is an annualized 2022 calculation from January - July monthly POS figures.
Cash Flow is calculated from the 2021 tax return.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Historic venue recently restored to "like new" condition with multiple dining assets including a wine cellar, private dining rooms, private bar, multiple floors, outdoor patio space, ample parking, two floor kitchen, dry goods storage, walk in freezer, multiple wait stations, reception areas, themed restrooms and more! Must see it to believe it!

Reason for Selling:

Relocation

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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