Seller's Contact Information
- RE: Exciting Opportunity: Seafood Restaurant For Sale
- Contact: Justin Scotto
Quick Facts
Asking Price: | $499,000 | |
Annual Revenue: | $1,366,935 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $221,769 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1948 | |
Employees: | 16 | |
BBN Listing #: | 14648096 | |
Broker Reference #: | 9126 |
Business Overview:
Well-established Seafood Restaurant for Sale : A Southern Favorite with Tremendous Growth and Returns This incredible seafood Restaurant for Sale is a Southern favorite that has shown remarkable growth and profitability over the years. With a six-figure owner benefit exceeding $221,000, it presents an exceptional opportunity for a new owner to step in and continue its legacy. Lines out the door are a common sight at this seafood restaurant, and it won't take long for you to be convinced that this is the business for you. If you're looking for substantial returns, this is it. With a strong owner benefit, you can expect impressive financial rewards. Plus, you can secure an SBA loan with just a 20% down payment. You may not be familiar with the term 'fish camp' restaurant, but this unique dining experience offers much more than its name suggests. A fish camp is a home to a restaurant where you can indulge in generous portions of fried catfish, shrimp, flounder, hush puppies, french fries, and an array of delectable seafood options. Local favorites adore the heaping plates of food served here. In addition to seafood, the menu also features appetizers, salads, steak, chicken, and an assortment of mouthwatering fried favorites such as chicken fingers and seafood plates. While fish camps are typically found in the South, this particular gem is located in the heart of the thriving Charlotte market. North Carolina's tremendous growth over the years has only added to the success of this seafood restaurant, which has been a staple in the county since the 1940s. The loyal locals are not the only ones who flock to this establishment. Customers often drive for miles, bypassing numerous other dining options, just to experience the incredible offerings here. The restaurant occupies an easily manageable 1,680 square feet and comes fully equipped with all the tools necessary to further increase sales. What's more, the rent is incredibly affordable at just $1,648 per month, providing an excellent opportunity for profitability. Additionally, there is potential to extend the lease term with the landlord. Currently operating six days a week and still achieving high sales volume, this restaurant has the potential for even greater success. By expanding operations to include additional lunch meal periods and opening a few more days a week, you can expect sales to soar even higher. The restaurant also presents a significant catering opportunity, with its capacity to produce large quantities of food daily. Training will be provided to the buyer, and the restaurant is fully staffed. Complete confidentiality is ensured, as opportunities as remarkable as this one tend to be in high demand. Don't miss out on this extraordinary chance to own a thriving seafood restaurant. Act now to secure your future in this lucrative industry.
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Property Features and Assets:
5 Deep Fryers 34x24 1 Grill 2 Eight Foot Prep Table 1 Single Door Freezer 1 Under the Counter Cooler 1 Microwave 1 Broiler 2 Four Foot Prep Table 1 Three Foot Prep Table 1 Detached Walk in Cooler 12x12 1 Slaw Mixer 1 Three Compartment Sink Miscellaneous Shelves 1 Single Door Toastmaster Oven 1 Food Warmer 1 Two Compartment Sink 2 Single Compartment Sink 1 Twelve Foot Fish Cooler 5 Six Foot Prep Table 1 Hood System is a Fixture 1 Two Door Reach In Cooler 1 Three Door Reach In Cooler 2 TV 2 Cash Register 1 SS Hand Sink Miscellaneous Utensils 1 Grease Cleaner 1 Wire Storage Rack 2 Single Door Reach In Cooler 1 Ice Machine 2 Dunnage Racks 1 Walk In Freezer Fixture 2 food holding Racks 1 flies door fan 2 Stand fan 2 Mini clover pos 3 Clover flex 4 Phones
Market Competition and Expansion:
Key business for expansion and growth. Potential to grow into a franchise model.
Reason for Selling:
Relocation
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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