Waterfront Seafood Restaurant

Location: Dare County

Price reduced Owner is anxious to sell and willing to offer owner financing. Located on the scenic waterfront of Eastern North Carolina, this seafood restaurant has been a community favorite for over six years, attracting a loyal clientele who return time and again for its quality cuisine and inviting atmosphere. Currently open only from 5 p m to 9 p m, this business offers a solid profit margin with significant growth potential for a new owner. Expanding hours to include lunch or even breakfast service could drive additional revenue and capitalize on the restaurant’s prime location. This turnkey operation provides an excellent opportunity for an investor to take a profitable, well loved establishment to the next level. It is also an ideal venture for a chef looking to open their first restaurant or a restaurant owner seeking to expand into multiple locations. The business is pre approved with an SBA lender, making ownership accessible and financing options streamlined. For more information call Patricia Griswold at 804 520 7557 or email teamgriswold@fcbb.com.

Listing Number:

Category:

$350,000

Financial Information:

Gross Revenue:

$489,176

Listed Price:

$350,000

Down Payment:

$0

Total Income:

$165,539

Lease Information:

Square Feet:

2144

Total Rent:

$2,935

Lease Expiration:

03/2026

Lease Options:

1 option 3 years

Asset Information:

Leasehold Improvements:

$60,000

Equipment / Fixtures:

$55,000

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

8

Training Period:

TBD

Reason for Selling:

Moving closer to family

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

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