NOT DISCLOSED, North Carolina
| Asking Price |
$595,000 |
Year Established |
1982 |
|
| Annual Revenue |
$1,484,363 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
David Chebalo |
|
| Annual Cash Flow |
$146,980 |
Listing Number |
1019623 |
|
| # of Employees |
14 |
Business Category |
Food & Beverage: Catering, Food Preparation |
|
Business Overview:
This is a rare opportunity to acquire a turnkey, legendary, highly profitable culinary landmark in Northeastern North Carolina. Operating continuously for over four decades, this iconic brand has cultivated an extraordinarily loyal customer base built on authentic Eastern North Carolina cuisine, barbecue, and Southern home cooking.
Having strategically evolved into a streamlined, high-efficiency takeout, deli, and catering model, the business delivers consistent revenues driven entirely by an organic word-of-mouth reputation. Supported by substantial non-fixed operational assets, zero active marketing expenditure, and immediate uncaptured market demand, this turn-key operation offers exceptional operational upside and scalable growth potential.
Property Features and Assets:
<p>The operation offers up a modern storefront situated in a high-visibility shopping center, optimized for customer ordering, deli display, grab-and-go retail, and rapid takeout fulfillment. A dedicated production kitchen equipped with specialized barbecue pit machinery and an attached commercial walk-in cooler/freezer combination unit, including additional units containing ingredient staging, beverage storage, and sensitive inventory.<br><br>Main restaurant area is 1,200 sq ft & the BBQ Pitt and Catering Prep Area is an additional 960 sq ft. Totaling 2,160 sq ft included in the lease.<br></p><p>Assets = $198,380 </p>
Market Competition and Expansion:
<ol><li>Formally introduced event catering in response to surging regional commercial and private demand.</li><li>Transitioned second-generation leadership focused on high-margin takeout, deli offerings, and scalable catering while preserving 100% of the original proprietary recipes.</li><li>High-volume classic Eastern NC barbecue, fried chicken, and home-cooked Southern entrees.</li><li>Bulk-order meal packages tailored for family dinners, holiday gatherings, and private events.</li><li>Full-service deli counter featuring premium sliced meats, artisanal cheeses, and cold sides.</li><li>Scratch-made Southern sides (macaroni and cheese, collards, coleslaw, baked beans) and proprietary desserts packaged for fast retail pickup.</li></ol>
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