Established BBQ Restaurant in Monkey Junction - Turnkey Opportunity in High-Traffic Location

This well-positioned BBQ restaurant offers an exceptional opportunity for an owner-operator or investor seeking an established food service business in Wilmington's bustling Monkey Junction area. Located in a busy shopping center adjacent to Walmart, the restaurant benefits from excellent visibility and consistent foot traffic.

Business Overview:
- Annual Revenue: $615,000
- Asking Price: $75,000
- Established: 2023
- Industry: American Restaurant/BBQ
- Currently operated as absentee-owned business

Location & Facility:
- Prime 1,800 sq ft space in high-traffic shopping center
- Strategic location next to Walmart ensures steady customer flow
- Monthly lease: $4,750 (lease term through December 31, 2028)
- Monkey Junction, Wilmington, NC (New Hanover County)

Operational Highlights:
- Established BBQ concept with proven customer base
- Strong dinner traffic generating consistent revenue
- Growing delivery business expanding market reach
- Turnkey operation ready for new ownership
- Inventory valued at $60,000

Financial Performance:
With annual revenues of $615,000, this restaurant demonstrates solid performance in the competitive food service sector. The established customer base and growing delivery segment indicate strong market acceptance and expansion potential.

Owner Transition:
The current absentee owner is selling due to geographic distance and operational scaling decisions, creating an opportunity for a hands-on operator to potentially enhance profitability through direct management.

This BBQ restaurant represents an excellent entry point into Wilmington's thriving food service market, offering an established brand, prime location, and growth potential through enhanced delivery services and operational optimization.