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Turnkey Whiteville Restaurant W/ RE For Sale

Whiteville, North Carolina, US
Asking Price:
$725,000 Furniture / Fixtures included
Sales Revenue:
$440,000
Cash Flow:
On request

Step into ownership of Southern Sizzler, one of Whiteville's most beloved and established restaurants - a true community favorite with a loyal following that spans all of Columbus County. Rare opportunity to purchase the business as well as the real estate!

Located in the heart of Whiteville,NC, this —— square foot fully equipped restaurant seats 160 guests and features a private dining/meeting room, perfect for hosting parties, business gatherings, and special events. The layout is both efficient and welcoming. The lunch buffet is still extremely popular and designed to accommodate the high-volume dining traffic while maintaining the warmth and familiarity that keeps guests coming back week after week.

With years of successful operation, this family-owned restaurant has built a reputation for quality, consistency, and exceptional hospitality - making it an ideal investment for an experienced restaurateur or entrepreneur seeking a proven business with deep local roots.

Whiteville itself is a beautiful, historic town strategically located halfway between Wilmington and Myrtle Beach and just minutes from I-95, drawing a steady mix of local patrons, travelers, and regional visitors. The community's steady growth

Property Information

Real Estate:

Real Property Included

Location:

Whiteville itself is a beautiful, historic town strategically located halfway between Wilmington and Myrtle Beach and just minutes from I-95, drawing a steady mix of local patrons, travelers, and regional visitors. The community's steady growth

Premises Details:

Southern Sizzler occupies a purpose-built, ±5,070 SF restaurant building on ±0.85 acres with a wide, 250+-foot S. Madison frontage that commands attention. Guests arrive to a large, paved surface lot with easy pull-in/pull-out patterns and room for peak-period stacking. Inside, the plan emphasizes high-capacity dining, quick service lines, and a workhorse commercial kitchen—ideal for buffet/line service, grilled entrées, and catering operations. FF&E is in good working condition, as are the HVAC units.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The site’s scale allows for expanded outdoor dining, drive-up pickup bays, or food-truck activations if desired (subject to local approvals). Owner has considered adding a full bar to increase evening business. Signage opportunities along the wide frontage give the brand terrific reach to commuters and local shoppers moving along US-701 Business. Neighboring national/co-tenancy—including McDonald’s within ~264 feet—and nearby service retail keep the corridor active throughout the week, complementing the restaurant’s established customer base.

Competition / Market:

Two of the strongest direct competitors serve steak/seafood, lunch & dinner, and are immediately accessible from the same corridor. The existence of The Chef & The Frog indicates the corridor also supports higher-end full-service dining, which supports the argument that the area is proven for full-service, not just fast food or limited service. Despite this competition, Sizzler occupies a large building + parking lot + strong frontage, giving an advantage in scale, turnover, and visibility (versus the smaller footprints some competitors may have).

Reasons for selling:

Retirement

Years established:
2008

Other Information

Support & training:

Support & Training:
Seller agrees to remain either on site or reachable by phone for 30 days after the closing occurs.

Financing available:

SBA preapproved and some owner financing available