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Famous Waterfront Bar & Grill For Sale

Wilmington, North Carolina, US
Asking Price:
$1,650,000
Sales Revenue:
$2,224,719
Cash Flow:
$496,235

Famous Waterfront Bar & Grill

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).

Property Information

Real Estate:

Lease

Location:

Wilmington, NC (New Hanover County)

Premises Details:

All furniture, fixtures and equipment to convey in the sale.

Size in square feet:
2,750

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

The Seller has multiple businesses and they are looking to focus more time on th

Years established:
8 Years

Other Information

Support & training:

Seller will be open to a transition period to meet the buyers needs.

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

SBA Approved