Thriving and Beloved Downtown Wilmington Restaurant For Sale

Asking Price$315,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,604,076

InventoryNot Disclosed

FF&E$31,000
Included in asking price
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Thriving and Beloved Downtown Wilmington Restaurant For Sale


Asking Price$315,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,604,076

InventoryNot Disclosed

FF&E$31,000
Included in asking price
Business Description
Located in the heart of one of the Downtown Wilmington’s most vibrant historic downtown districts, this established, full-service restaurant is known for its inviting atmosphere, high-quality cuisine, and long-standing reputation within the community. A staple in the market for many years, the restaurant attracts a loyal local following as well as steady tourist traffic, creating a reliable and diverse customer base.

This operation delivers consistently strong financial performance, generating approximately $1.6 million in annual revenue, with clear opportunities to further increase sales through expanded catering, private events, and extended operating hours.

The restaurant offers a turn-key, fully built-out commercial kitchen, well-maintained equipment package, experienced staff, and excellent visibility in one of the area’s most desirable dining corridors. The location benefits from strong foot traffic, walkability, and proximity to major attractions, residential growth, and established complementary businesses.

Comprehensive financial documentation and operational details available to qualified purchasers following execution of confidentiality agreement.
About the Business
Facilities & Assets
This is an asset purchase to include the rights to the name/brand, trademark, recipes, furniture, fixtures and equipment and goodwill to include all website, social media and vendor relationships.
Market Outlook / Competition
Due to the success of restaurants in the Wilmington market throughout the pandemic there are very few opportunities to find second generation spaces. Most Wilmington restaurants have experienced “the best years ever” in 2022 , 2023 and 2024 and are heading in the same direction, with the National recognition of “Top Ten Foodie Destinations” /small cities the demand has increased even more so.
Opportunities for Growth
Highly sought-after location….in the heart of a historic area and established for over 20 years. It boasts loyal customers and great ratings. Plenty of opportunity to put an individual’s stamp on it to make it your own and increase revenues.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,015
Rent
$5,600.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will provide a transition period to the new owners
Listing Info
ID
2431210
Listing Views
189

Contact Seller

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Business Listed by: Kirk Walsh Momentum Companies

Listing ID: 2431210 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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