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Bustling Beach Bar & Restaurant For Sale

New Hanover County, North Carolina, US
Asking Price:
$1,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,240,785
Cash Flow:
$180,705

Own a slice of paradise! This restaurant and bar boast breathtaking views and is loaded with opportunity. It is in one of the rapidly growing coastal areas of Southeastern North Carolina. This restaurant has a strong history of profitability, and the seller is willing finance a qualified buyer.

This fully turn-key operation is a dream opportunity for an entrepreneur seeking a lifestyle business in a stunning coastal location. The business has multiple revenue streams with room for growth.

The real estate is available for long-term lease at a favorable rate. The seller is open for discussion about selling the facility now or down the road. Don't miss out—inquire today!

Property Information

Real Estate:

Lease

Premises Details:

A restaurant and bar with a capacity for 150 guests. The seller owns the property and business and is open to selling it.

Business Operation

Expansion Potential:

Currently, minimal active marketing. Recently expanded fast service lunch options and have grown carry-out revenue.

Reasons for selling:

Owner is ready to retire.

Trading hours:

Wednesday-Sunday 11am-12am

Employees:
5 FT/15 PT
Years established:
12

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$390K down/$910K over 120 mos. @ 7%.

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price