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Speciality Reastaurant Beaufort County, SC |
Listing #37522 |
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| Financial Information (non-confidential) |
| Asking Price |
$1,750,000.00 |
Gross Revenues |
$1,450,000.00 |
| Down Payment |
$1,250,000.00 |
Owner’s Cash Flow |
$450,000.00 |
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Financing: $1,250,000.00 Down and Balance of $500,000 with rate of 6% for 60 months
Reason for Selling:Owner Retire
Offering an upscale dining experience, this is one of the best family friendly restaurants on Beaufort County as well as one of the best places for happy hour. After fifteen years of successful operation, it has become a favorite of both locals and tourists. The restaurant has an open kitchen featuring a beautiful high temperature brick oven that bakes the best pizza on the island. Not only is it located in a great neighborhood it is located right on the beach with an easy access beach entrance. Over 3,000 square foot interior decorated in Old World Italian style brick and walnut wood with two outside patio areas where live music is featured. New owner could enhance revenue by offering brunch or extending evening operating hours. Owner only selling due to retirement - and will offer owner financing! For more info, contact the brooker, David McPherson at 919-789-0566
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
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.
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David McPherson Senior Business Broker
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Servicing Area:
Wake County, NC Durham County, NC Orange County, NC Cumberland County, NC Alamance County, NC Guilford County, NC Mecklenburg County, NC Horry County, SC
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |