A well-established and well-known restaurant in Southeastern North Carolina. The business has developed and grown since its opening by serving quality food at a reasonable price. The menu features farm-to-table lunch and dinner along with local North Carolina seafood to the locals and tourists. The real estate is also available with the restaurant but not included in the asking price. The landlord is willing to assign the existing lease to a new qualified owner. The sellers will provide a 60-90 day training and transition to the new owner and will consider a short-term employment contract after that.
Seller financing is an option for a qualified, experienced buyer with a significant down payment. In 2021, the business broke through the $2.0 million revenue threshold and exceeded 15% profit margins. The business had the best financial year in the restaurant’s 16-year history.
Real Estate Available Seller Financing Available
|Industry:||Restaurants | Bars | FoodService|
|Annual Cash Flow:||$260,000|
|Listing Agent:||Charles Broadwater, Jr.|