Waterfront Seafood Restaurant
Dare County
Located on the scenic waterfront of Eastern North Carolina, this seafood restaurant has been a community favorite for over six years, attracting a loyal clientele who return time and again for its quality cuisine and inviting atmosphere. Currently open only from 5:00 to 9:00 p.m., this business offers a solid profit margin with significant growth potential for a new owner. Expanding hours to include lunch or even breakfast service could drive additional revenue and capitalize on the restaurant's prime location. This turnkey operation provides an excellent opportunity for an investor to take a profitable, well-loved establishment to the next level. It’s also an ideal venture for a chef looking to open their first restaurant or a restaurant owner seeking to expand into multiple locations. The business is pre-approved with an SBA lender, making ownership accessible and financing options streamlined. For more information call Patricia Griswold at 804-928-2651 or email TeamGriswold@fcbb.com

Listing Number:

23801

Category:

Food - Restaurant

Location:

Dare County
$609,000

Financial Information:

Gross Revenue:

$552,323

Listed Price:

$609,000

Down Payment:

$0

Total Income:

$221,740

Year Established:

2019

Lease Information:

Square Feet:

2144

Total Rent:

$2,935

Lease Expiration:

03/2026

Lease Options:

1 option 3 years

Asset Information:

Leasehold Improvements:

$60,000

Equipment / Fixtures:

$55,000

Inventory:

$3,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

8

Special Licence Required:

ABC and Health

Contract Staff:

0

Training Period:

TBD

Reason for Selling:

Moving closer to family

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Patricia Griswold
Office: 8045207557 | Cell: 8049282651
License #:
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Waterfront Seafood Restaurant
Dare County

Listing Number:

23801

Category:

Food - Restaurant

Location:

Dare County

Listed Price:

$609,000
brokerPhoto
Patricia Griswold
Office: 8045207557 | Cell: 8049282651
License #:
Located on the scenic waterfront of Eastern North Carolina, this seafood restaurant has been a community favorite for over six years, attracting a loyal clientele who return time and again for its quality cuisine and inviting atmosphere. Currently open only from 5:00 to 9:00 p.m., this business offers a solid profit margin with significant growth potential for a new owner. Expanding hours to include lunch or even breakfast service could drive additional revenue and capitalize on the restaurant's prime location. This turnkey operation provides an excellent opportunity for an investor to take a profitable, well-loved establishment to the next level. It’s also an ideal venture for a chef looking to open their first restaurant or a restaurant owner seeking to expand into multiple locations. The business is pre-approved with an SBA lender, making ownership accessible and financing options streamlined. For more information call Patricia Griswold at 804-928-2651 or email TeamGriswold@fcbb.com

Financial Information

Gross Revenue:

$552,323

Listed Price:

$609,000

Down Payment:

$0

Total Income:

$221,740

Year Established:

2019

Lease Information

Square Feet:

2144

Total Rent:

$2,935

Lease Expiration:

03/2026

Lease Options:

1 option 3 years

Asset Information

Leasehold Improvements:

$60,000

Equipment / Fixtures:

$55,000

Inventory:

$3,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

2

Part-Time Employees:

8

Special License Required:

ABC and Health

Contract Staff:

0

Training Period:

TBD

Reason for Selling:

Moving closer to family

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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