Profitable - Established Coastal Area Restaurant

Not Disclosed, NC
Brunswick County

Coastal


Asking Price: Annual Revenue:
$995,000 $1,600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable - Established Coastal Area Restaurant Broker: Joan Loch
License #: 295245

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $160,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 470963669
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Great location with both local and tourist customers.

Turn-Key operation with long term staff will help a new ownership realize a $200,000 salary or distribution their first year.

We are pleased to market a family-owned restaurant established over 18 years ago in a community setting that has earned its customers repeat business year over year. The ideal owner will be someone that appreciates staff and what they bring to the value of the business, ideally with a business mindset and hands-on experience to oversee the operations.

With both casual take-out and lounge seating and fine dining in a cozy setting, this restaurant offers revenue with multiple streams. Homemade products to go are a great growth option along with creating special wine paired dinners and special events. Opportunity is there.

A buyer interest must be financially able to fund the purchase, if requiring financing be ready to address pre-qualification, show proof of funds within their personal financial statement and have operating capital to assume the lease.

Owner selling to retire. Owner will stay to train during a transition period. Lease in place.

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.

Reason for Selling:

Retirement

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.

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