Casual Waterfront Restaurant

Listing ID:
COASTNC001-N259

Sunbelt of Crystal Coast

View all listings from this office
Phone: (252) 222-0001
Fax: (866) 372-1241

The following broker is assigned to this listing:

Bill Horton

bhorton@sunbeltnetwork.com

Description

Open 10 months this waterfront casual restaurant enjoys a prime location and at popular prices is a favorite with locals and visitors. Serving breakfast, lunch and dinner and open from 7:30 it also has a unique attraction in an area known for its restaurants. A loyal staff helps to complete the story of what is a real buy if you're looking to enjoy the winters off plus the ownership of a successful business.

Financials

Asking Price: NEGOTIABLE
Revenue:$552,000
Cash Flow:$72,000
Downpayment:$180,000
Monthly Payroll:$10,000
FF&E Asking Price:$50,000 (Included in Asking Price)
Inventory Asking Price:$1,000 (Included in Asking Price)
Financing Available?No

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2000
Year Acquired:2000
Full-Time Employees:12
Part-Time Employees:N/A
Reason For Sale:Retirement