Business Overview:
A well-established and well-known restaurant in Southeastern North Carolina. The business has developed and grown since its opening by serving quality food at a reasonable price. The menu features farm-to-table lunch and dinner along with local North Carolina seafood to the locals and tourists. .
Seller financing is an option for a qualified, experienced buyer with a significant down payment. In 2021, the business broke through the $2.0 million revenue threshold and exceeded 15% profit margins. The business had the best financial year in the restaurant’s 16-year history.
The real estate is also available with the restaurant but not included in the asking price. The landlord is willing to assign the existing lease to a new qualified owner. The sellers will provide a 60-90 day training and transition to the new owner and they will consider a short-term employment contract after that.
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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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