Hot Listing
Famous Waterfront Bar & Grill
Business Description
A rare opportunity to acquire a well-established waterfront dining destination with full bar, known for its prime location and loyal following among both locals and visitors. Operating since 2017, the business has demonstrated consistently increasing revenues and strong profitability, making it SBA financeable (preapproved). With its distinctive concept, proven performance, and sustainable competitive advantages, this restaurant stands out as a one-of-a-kind offering in the Wilmington market!
Further details available upon execution of a confidentiality agreement (NDA).
Further details available upon execution of a confidentiality agreement (NDA).
About the Business
- Years in Operation
- 8
- Number of Employees
- 25
- Facilities & Assets
- All furniture, fixtures and equipment to convey in the sale.
- Market Outlook / Competition
- This waterfront restaurant benefits from a steady mix of local patrons, tourists, and seasonal visitors. The surrounding area continues to grow as both a residential and entertainment destination, driving consistent foot traffic and demand. While there are other dining options nearby, few offer the same combination of waterfront views, casual atmosphere, and full bar service, providing this business with a distinct competitive advantage. It has established reputation and strong customer base.
- Opportunities for Growth
- The growth can be considered to be organic. The Wilmington market continues to be one the number one market to move to, with no signs of slowing down. It is well known that the population growth is far outpacing the development of new retail and hospitality options.
Currently, the owners are doing very little social media marketing or promotions, which is considered to be the best way to attract new customers.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,750
About the Sale
- Seller Motivation
- The Seller has multiple businesses and they are looking to focus more time on th
- Transition Support
- Seller will be open to a transition period to meet the buyers needs.
- Financing Options
- SBA Approved
Listing Info
- ID
- 2406037
- Listing Views
- 699
Listing ID: 2406037 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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