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Restaurant and Bar at the Beach (Real Estate included)

Location: North Carolina

ID: (#200865)

200865
Price:$3,500,000
Revenue:$3,100,000
Cash Flow:$0
FF&E (Assets):$145,000
Inventory:$30,000
Real Estate:$2,000,000

Overview

Bar & Restaurant on Pleasure Island, 14 miles from downtown Wilmington NC.

This restaurant has been in operation for many years and caters to locals and tourists. Great management team in place, excellent location and proven concept.

Asking price includes Real Estate.

Details

Reason for Selling:

Retirement

Established:

2011

Employees:

30

Furniture, Fixtures, and Equipment (FF&E):

All trade fixtures, equipment, furniture and decoration currently used and useful in the business are included in the asking price.

Facilities:

Land and building included in the asking price.

Inventory:

Food and beverage in stock at the time of sale are included in the asking price.

Competition:

Local competing businesses have not impacted continued growth of the business.

Opportunities for Growth:

Expanding opening hours, and adding catering are potential grwoth opportunities.

Support and Training

Owner will provide training and transition support as required and subject to negotiation.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (208) 248-5610 Fax
  • Appointment Only:
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486