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Business for Sale Summary

Coastal Restaurant for Sale in NC - 37542

Business Type: absentee business,bar/tavern/night clubs,other eating & drinking places,other food stores,restaurant/ cafes/ diners
Coastal Restaurant for Sale in NC
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This business has received 8 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,000,000 Down Payment $1,500,000
Gross Revenues $3,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $600,000 Number of FT Employees Register Free to View

Financing

$1,500,000 Down and Balance of $500,000 with rate of 8% for 36 months.

Business Description

Location- North Carolina Coastal Restaurant

Header- Premier Waterfront Restaurant – Absentee opportunity, Turnkey Coastal Opportunity

An exceptional opportunity to acquire a well-established waterfront restaurant, Owner is involved with strong team and GM in place. Positioned directly on the water, this turn-key operation offers both indoor and outdoor dining with scenic coastal views that consistently attract locals and tourists alike.

Key Highlights:

  • Prime Waterfront Location: Direct water access with picturesque views, enhancing guest experience and driving repeat traffic.
  • Absentee Ownership: Operated successfully with limited owner involvement, presenting upside potential for an engaged operator.
  • Strong Seasonal & Tourist Demand: Located in a high-traffic coastal destination with peak seasonal surges and steady year-round local patronage.
  • Established Brand Presence: Recognized name within the community with a loyal customer base.
  • Full-Service Facility: Equipped kitchen, bar, and dining areas designed to handle high-volume service.
  • Growth Potential: Opportunities to expand hours, optimize menu pricing, increase marketing efforts, and enhance events or waterfront programming.

Financial Overview:
Detailed financials, including revenue, expenses, and cash flow, will be provided to qualified buyers upon execution of Vested PRemuim Buyer Program

Reason for Sale:
Ownership is pursuing other business interests.

Ideal Buyer:
This opportunity is well-suited for an experienced restaurateur, hospitality group, or investor seeking a lifestyle business with strong upside in a premier coastal location.

 

 For more info, contact the broker David Soper at 919-576-3220



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We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.

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