Favorite Staple Downtown Avail for Next Generation

Not Disclosed, NC
New Hanover County

Cape Fear


Asking Price: Annual Revenue:
$650,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Favorite Staple Downtown Avail for Next Generation Broker: Joan Loch
License #: 295245

Quick Facts

Asking Price: $650,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $180,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: Not Disclosed
BBN Listing #: 191263669
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This is a confidential listing to sell a great restaurant with long-standing profitability and clientele. An opportunity like this won’t last on market. Location and space are ideal and provides room for revenue growth. Atmosphere is warm and inviting. The ideal buyer should have restaurant experience and a desire to own an iconic business and keep it thriving. New owner can expect to draw a healthy salary and/or dividends yearly.

Highly confidential, therefore all interested parties should contact the brokers for establishing interest and signing an NDA.

A buyer interest must be financially able to fund the purchase, 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.

All FF&E and inventory conveys with the sale.

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.

Property Features and Assets:

In prime area inside and outside seating.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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