Eastern NC Successful Upscale Restaurant and Bar

Asking Price$575,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$100,000
Included in asking price
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Eastern NC Successful Upscale Restaurant and Bar


Asking Price$575,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
This is a excellent opportunity for an owner operator. The restaurant is well known for serving quality USDA steaks and sustainable seafood as well as decadent desserts. The bar offers specialty cocktails, craft and domestic beers and wine selections in a relaxing environment. The restaurant prides itself on being customer focused and offering not only top quality food and drinks but excellent service. The business hosts private events, offers catering and takes reservations that can be made online. This is truly a turn key restaurant with a strong social media presence.
About the Business
Years in Operation
5
Number of Employees
22
Facilities & Assets
The restaurant is located on one of the busiest streets in town and has excellent visibility. The location has substantial parking. The restaurant has been renovated providing a relaxing environment to have that special night out. The bar area is separate from the main dining area and has substantial seating to include bar seating, tables and soft seating. The current owners have maintained the facility very well and continuously update the decor and the kitchen equipment.
Market Outlook / Competition
The restaurant is located in one of the fastest growing markets in NC. The community has been touted as one of the best in NC for doing business. There is a substantial professional base in the community. There is a fairly limited amount of competition for an upscale restaurant that offers the inviting environment for a great evening out.
Opportunities for Growth
Increased marketing and catering efforts could greatly enhance revenue for the business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,500
Rent
Not Disclosed
About the Sale
Seller Motivation
Other business interests
Transition Support
2 Weeks training
Listing Info
ID
2374016
Listing Views
142

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Business Listed by: Rob Norris Cardinal Business Brokers

Listing ID: 2374016 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.