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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
Popular Restaurant located on the waterfront , 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. 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 the restaurant 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: Health, Liquor
Training/Support:Seller will negotiate a transition period
Seller Financing:Seller will consider some financing for a qualified buyer
Sale Reason:Absentee Owner
Ad #81391
Seller Reference #CHARLNC001-N693
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Contact This Seller
Rick O'Bey
(704) 897-8232
Email Address