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Landmark (Near Waterfront) Restaurant for Sale

Eastern North Carolina, North Carolina, United States
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Asking Price$350,000
Revenue$1,900,000 Established2005
Cash Flow$225,000 Employees12 full, 40 part
FF&E$200,000* FranchiseNo
Inventory$15,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Well established and well known restaurant in Southeastern North Carolina. The business has developed and grown since the opening by serving quality food at 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 for but not included in the asking price. The landlord is willing to assign the existing lease to a new qualified owner. The sellers are will to provide a 60-90 day training and transition to the new owner and they will consider a short term employment contract after that.

Seller financing is an option to a qualified, experienced buyer with a significant down payment.

Required Licenses: Health, Liquor
Training/Support:Seller will negotiate a transition period
Seller Financing:Possible seller financing available for a qualified buyer.
Ad #113237
Seller Reference #RICHMVA001-N1488
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Contact This Seller
Charles Broadwater, Jr.
(804) 673-8044
Email Address