Upscale Casual - American Bistro - Southeast US

Not Disclosed, NC


Asking Price: Annual Revenue:
$3,410,785 $1,700,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Upscale Casual - American Bistro - Southeast US Broker: Annie Santiago

Quick Facts

Asking Price: $3,410,785
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: $2,157
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $3,400,000
Year Established: 1994
Employees: Not Disclosed
BBN Listing #: 925959781
Broker Reference #: Not Disclosed

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Business Overview:

Located on Main Street - walking distance from hotels/inns.
Multiple dining spaces from intimate dinners to large parties.
Employee Housing.
Potential income by expanding to lunch and breakfast, currently closed 2 months a year, easily expandable to year-round.
Convenient parking.
The sale includes the land, structures, restaurant and furnishings. Land is appraised at $2.7 million by the county.
Can do catering, lunch and brunch
Expand private parties
Can improve on food cost
Been in several high-end magazine articles lately
Very high TripAdvisor ranking

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Reason for Selling:

Retirement

Additional Details:

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

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