Business For Sale

Restaurant

Outer Banks, NC


Asking Price: Annual Revenue:
$2,999,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant Broker: Fouad Mohit

Quick Facts

Asking Price: $2,999,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $330,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 15
BBN Listing #: 678338940
Broker Reference #: HAMPTVA001-N1610

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Business Overview:

Once in a lifetime opportunity to purchase a profitable restaurant business with over 30 years of reputable service with real estate included. Annual Sales of Just Under $1 MIL in 2016. 3-Year Avg. Annual Sales of Just Under $900K. 3-Year Avg. Seller Discretionary Earnings of ~$200K. 30 Year History w/ Well Established Local Brand. Instantly Profitable Turn-Key Operation. Visible High-Traffic Location w/ Easy Access. Be Your Own Landlord! Real Estate Included in Sale Price... Dream opportunity for restauranteur or turn-key business for investor. Too many perks to list, contact Listing Agent FOUAD MOHIT (757)237-2301 or Fouad@SunbeltNetwork.com for more information today!

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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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