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Asking Price$199,000
Revenue$780,000 Established2006
Cash Flow$81,488 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed RelocatableNo
Real Estate$1,200,000 Home-basedNo
* Included in Asking Price
McCurdy's Restaurant and Deck on Moonlight Bay, business for sale with leased real estate. Real estate can be purchased for an additional $1,200,000. Fully Equipped Waterfront Restaurant located on the Atlantic Beach Causeway in Atlantic Beach, NC with 4,219± square feet of gross building area plus related site improvements including an attached deck, a detached deck and floating docks with 7 boat slips on .344± acres of land. Lease terms $5,000 per month, triple net, 3 yr. and other terms agreeable to both parties
The restaurant is a single-story cement block and wood frame building that was constructed in 1958. According to Flood Insurance Rate Map No. 3720637500J, effective July 16, 2015, the subject property appears to be located in Flood Zone AE.
Carteret County Tax ID: 637512956921000. Real Estate is offered for sale by our real estate company - Eastern Carolina Properties, Inc.

The property is located in Carteret County, NC. Carteret County grows from a 2015 estimated year round population of 76,449 to well over 200,000 in the summer months. People traveling along Atlantic Beach Causeway have access via a service roadway with an ingress/egress point close to the property. This roadway extends north/south along Atlantic Beach Causeway providing access to McCurdy's and the adjacent commercial properties. The southern border of the property fronts Moonlight Bay and is accessible via watercraft from the Bogue Sound.

Required Licenses: Liquor, Health Dept.

Real Estate Number: 203653
Competition:The business is located in a popular tourist destination. Good food, Indoor and Outdoor Dining, Nice Bar, Great view, and boat docks make this a popular choice.
Growth Potential:1. Open for lunch and stay open from December to Mid-February 2. Increase advertising and specials during off season 3. Participate more in local festivals and competitions 4. Do more boat slip rental
Training/Support:As negotiated
Seller Financing:SDE for Business including the purchase of Real Estate($1,399,000 asking) is $141,488
Sale Reason:Trying to run the business from 400 miles away has been difficult and has proved to be inefficient.
Ad #81322
Seller Reference #COASTNC001-N341
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Contact This Seller
Richard OBey
(252) 222-0001
Email Address