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Business for Sale Summary

Seafood Restaurant for Sale in North Carolina - 36574

Business Type: bar/tavern/night clubs,bank financeable,other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
Owner Financing
Seafood Restaurant for Sale in North Carolina
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This business has received 7 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $350,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $260,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $200k for 24 months @ 7%

Business Description

Location, Location, Location! This beautiful, unique seafood restaurant is situated in a highly desirable spot, drawing locals and visitors alike to enjoy its freshly caught seafood and inviting atmosphere. With an emphasis on fresh, daily caught offerings, this family-run gem is a true culinary treasure for the region. The restaurant boasts 80 interior seats, plus 20 more at the bar, with an additional 30 seasonal seats available on the outdoor patio, making it a popular choice for both intimate dinners and larger gatherings. Offering a full-service, sit-down dining experience, it is the only "real" sit-down style restaurant in the region that also provides take-out options. Currently operating five days a week for just 25 hours, the restaurant has yet to reach its full potential—imagine what could happen with expanded hours or additional marketing! All menu items, including desserts, are prepared fresh daily, ensuring high-quality dishes that keep customers coming back. The restaurant is well-rated on online sites, and through word-of-mouth, cementing its reputation as a must-visit destination. A standout feature of this business is the highly capable sous chef, who is ready to step up into the head chef position and continue offering the restaurant's well-loved dishes—or bring a fresh perspective to the menu under new ownership. This is a truly unique opportunity to own and operate a renowned North Carolina restaurant with immense growth potential. Please also note this business is SBA approved! There is currently a new 5 year lease in place. With its reputation, prime location, and dedicated staff, this business is a plug-and-play opportunity for the right owner. Don’t miss your chance to own a piece of this fantastic opportunity! To learn more, please contact the broker, David Soper at 919-576-3220.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.