Seafood Retailer & Restaurant in Coastal NC

Not Disclosed, NC
Craven County

Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Seafood Retailer & Restaurant in Coastal NC Broker: Tony Khoury

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 833958201
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

45+ year family owned fresh seafood wholesaler, retailer and restaurant for sale in charming coastal waterfront community.

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Property Features and Assets:

Started over 45 years ago, this charming wholesale, retail and family-run restaurant business has been a prominent icon within the historic district of this coastal Carolina waterfront community. Locally caught fish, crab, oysters, shrimp and other seafood are sold in the retail store, which is located directly adjacent to the seafood restaurant. Public parking is conveniently located right next door for customers, so adequate parking is rarely an issue. Per the owner, he has worked in the business for about 20 hours/week over the last several years due to other personal commitments.

Market Competition and Expansion:

While there is some competition in the area, this unique retail/restaurant is located in the heart of the historic district of this waterfront community. An owner-operator who regularly engages with the guests, in addition to adding on alcoholic beverage sales, should really make an impact on increasing sales. The current owner estimates that there would be a 30-40% increase in the restaurant sales if the new buyer obtains an alcohol permit, as customers regularly request beer, wine and other alcoholic beverages. The current owner has drafted up architectural plans for the potential expansion of the this 5,099 square feet facility.

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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