LISTING DETAILS

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Listing #FS97647
Coastal Region, NC




Offered at $250,000

 

Property Details
Listing Type: Food Service - Bar & Lounge, Seafood Restaurant
Selling Price: $ 250,000.00
Property Included: No
Property for Sale: No
Inventory Included: No
Inventory Amount: 15000
Hours: varies
Franchise: No
Year Business Started: 2004
Security System: Yes
Number of Employees: varies
Area Information:
Licenses Required: ABC, Business, Health Dept.
Other:

Waterfront Restaurant by the Boat Dock. Beautiful views from the porch of this tropical restaurant in a small boating town along coastal NC. The restaurant has been a long standing feature of the community and is ingrained with the local traditions and events. Patrons can eat while overlooking the beautiful views of the water. This is a truly unique location.

Sales in 2016 were 644,000 but are running higher this year. The restaurant has a close ties to a nearby hotel, giving it a competitive advantage over the local competition. The business boasts of a robust entertainment calendar and has a bright, fun atmosphere. The business has indoor seating, outdoor seating, an indoor bar and an outdoor Tiki bar.

The owner is typically nearby and does the accounting, but doesn't normally oversee the business operations day-to-day. As a result, an owner-operator will find areas to grow sales and cut unnecessary expenses. There is currently a trained chef running the kitchen.

The current owner has run this business for the last 14 years. He has multiple other businesses and is selling so that he can wind down his commitments and start freeing up his time.

Rent: 2317
Environmental Status: In Compliance
Restaurant Type: Seafood and Bar
Food Type: Seafood, Steak, Cocktails
Menu/Buffet: Menu
# of Seats: 105
Hood: Yes
Annual Sales: $644000




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NOTE: All information listed here is provided by the seller and should be verified by buyer as we do not guarantee it to be correct.