Waterfront Restaurant For Sale With Over $1M In Revenue

Business Overview:

A rare Waterfront Restaurant for Sale is now available in downtown Elizabeth City, North Carolina. Located directly on the Pasquotank River, this opportunity offers dock-and-dine access with nine boat slips and exceptional views in a walkable, revitalized area. The space is fully built out and ready for a new operator.
This Waterfront Restaurant for Sale generated over $1 million in revenue last year and produced approximately $70,000 in owner earnings. It features 89 indoor seats (including bar seating) and 24 on the patio, along with a full inventory of catering equipment and event furnishings. The business benefits from steady catering and private event demand, including relationships with nearby breweries and venues.
Brought to market by We Sell Restaurants, this listing includes a flexible and highly competitive lease structure designed to support new ownership. Recent improvements have been made to the docks and waterfront access, and any deferred maintenance has been transparently disclosed and priced into the opportunity.
If you're looking for a waterfront restaurant for sale that combines a modern buildout, strong community presence, and consistent financial performance, this listing checks every box. The space is well-reviewed online for its ambiance, location, and unique position as the only dock-and-dine option in town.
If you are seeking a restaurant with a proven revenue stream, prime location, and turn-key infrastructure, this listing delivers. Online reviews highlight the inviting atmosphere, unique riverfront setting, and contribution to the city's downtown revitalization. With very limited competition and high demand for waterfront dining, this is a rare opportunity to own a high-potential restaurant in an emerging destination.
Confidential details on this waterfront restaurant for sale are available to qualified buyers. Contact us today to learn more or schedule a tour.
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Property Features and Assets:

Bar:
2 compartment beer cooler X 2
Glass Chiller
Keg Unit w/ 4 taps
2 wells
3 compartment bar sink
Wine/Drink Cooler
Bar Refrigerator
Delonghi Espresso Machine
4 Stainless shelving racks
Pepsi Refrigerator
3 Compartment Daquiri Machine
Bar TV
Bar Dishwasher (Rental)
Kitchen:
Meat Slicer
Sous Vis Machine
2 Sandwich Units
Reach In Refrigerator
2 Low Boy Refrigeration units
Grill - 6 burner
Salamander
36in Flat top 2 burners/stove
2 double fryers
1 single fryer
4 stainless Prep Tables
3 Compartment Sink
Dishwasher (rental)
Walk-in Refrigerator
Walk-in Freezer

Indoor Furnishings:
82 regular dining chairs
23 bar height chairs
9 Square 4top tables
2 Round 6 top tables (can seat 8)
5 Dining 2 top tables
1 Rectangle 6 top table
1 Square High 4top table
3 Round 2 top bar bistro tables
2 lounging sofas with cocktail tables
1 Decorative Console Table
1 Hostess Stand

Outdoor Furnishings:
6 Outdoor 4tops with Umbrellas
24 chairs

Built to Last Deck Furniture:
8 Garden Chairs
2 Garden tables
6 Captain Chairs
1 Captain table
3 PicNic tables with benches
9 Barstools at Tiki Bar

Market Competition and Expansion:

Location is home to 1 university, 2 colleges, US Coast Guard base which all offer opportunities for special marketing. Downtown has been on an economic uptick for several years through revit

Reason for Selling:

New Career

Additional Details:

Relevant Links:

• View more North Carolina businesses for sale
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• Find a business broker