Regionally Renowned Destination Restaurant

Asking Price$550,000

Cash Flow
$260,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$10,000
Not included in asking price
FF&E$200,000
Included in asking price
Real EstateNot Disclosed

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Regionally Renowned Destination Restaurant


Asking Price$550,000

Cash Flow
$260,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$10,000
Not included in asking price
FF&E$200,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
LISTING ID # 36574

Generational Opportunity! SBA Approved! Clean books! Key Staffers In Place To Carry On Current Success! This Is The Restaurant of Your Dreams! This beautiful, unique seafood restaurant is situated in a highly desirable spot, drawing locals and travelers alike to enjoy its freshly caught seafood and inviting atmosphere. With an emphasis on fresh, daily caught offerings, this family-run gem is a true culinary treasure for the region. The primary standout feature of this business is the highly capable sous chef, who is ready to step up into the head chef position and continue offering the restaurant's well-loved dishes—or bring a fresh perspective to the menu under new ownership. The restaurant boasts 80 interior seats, plus 20 more at the bar, and an additional 30 seasonal seats available on the outdoor patio, making it a popular choice for both intimate dinners and larger gatherings. Offering a full service, sit-down dining experience, it is the only "real" sit-down style restaurant in the region that also provides take-out options. Currently operating five days a week for just 25 hours, the restaurant has yet to reach its full potential—imagine what could happen with expanded hours or additional marketing! This highly rated ranked restaurant spends no money on advertising, no online booking or catering. All menu items, including desserts, are prepared fresh daily, ensuring high-quality dishes that keep customers coming back. The restaurant is well-rated online and through word-of-mouth, cementing its reputation as a must-visit coastal destination. This is a truly unique opportunity to own and operate a renowned North Carolina restaurant with immense growth potential. With its reputation, prime location, and dedicated staff, and guest retention this business is a turnkey opportunity for an industry insider or for someone desirous to own a restaurant. Don’t miss your chance to own a piece of North Carolina!
About the Business
Years in Operation
9
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train
Financing Options
350,000.00 Down & $200k for 24 months @ 7%
Listing Info
ID
2408606
Listing Views
325

Contact Seller

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2408606 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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