Destination Restaurant on the River. Turnkey and Poised for Growth.

Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$50,000
Included in asking price
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Destination Restaurant on the River. Turnkey and Poised for Growth.


Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
A well-established, turn-key riverfront restaurant located in Lillington, North Carolina, offering a rare opportunity to acquire a fully operational dining concept with experienced management and staff already in place.
This business is fully staffed at all levels, including a reliable management team that oversees day-to-day operations, allowing for a smooth transition and the ability for a new owner to step in with minimal disruption. The current structure supports absentee or semi-absentee ownership, making it attractive to both investors and owner-operators.
Situated in a prime riverfront location, The Riverside benefits from destination appeal, strong local recognition, and consistent customer traffic. The restaurant is fully equipped and operational, with established systems for staffing, service, and kitchen execution already in place.
This is an ideal opportunity for a buyer seeking a turn-key restaurant with proven operations, a trained team, and a management structure already established, minimizing the risks typically associated with restaurant acquisitions.
About the Business
Years in Operation
1
Facilities & Assets
Full service dining concept seating 70+ inside and an additional 50+ on the patio. Complete turnkey operation with all equipment and staff in place to continue to grow.
Website
https://theriversidenc.com
Market Outlook / Competition
Reviewed by many as the best pizza and burgers in town. The only restaurant around with a massive outdoor patio with great river views.
Opportunities for Growth
Business could grow by opening on Mondays, building out a catering service, advertising for more private parties, brunch on the weekends etc. The possibilities are endless in the growing town of Lillington.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,600
Rent
$6,700.00 per month
Lease Expiration
1/31/2030
About the Sale
Seller Motivation
Recent career move that requires my dedicated focus.
Transition Support
Two week transition period.
Financing Options
3 year seller note at 8.5% interest with down payment of $75K minimum
Listing Info
ID
2450809
Listing Views
15
Business Location

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Business Listed by: Adam Gilpatrick

Listing ID: 2450809 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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