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Businesses For Sale   >>   North Carolina Businesses For Sale

Coastal Resort Restaurant

Location  North Carolina,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $815000
Net Profit / Cash Flow  $251000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1981
Number of Employees  35 - 49
Inventory  450000
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned
Reason for Sale  Retirement

Description  
This is a very busy Coastal Resort Restaurant. There are two (2), kitchens, a pizza kitchen and a full service kitchen. A full liquor license is in place, a new owner will have to reapply for a new license. This family owned and operated business is a seasonal operation. Opens right after Easter and closes right after Thanksgiving. During season there are as many as 45 employees, off season about 15 employees. The stated inventory is when the business is in full operation. Owners desire to sell the business and real estate/building together. Owner has been in the restaurant business for 30+ years and wants to retire. This would be a great footprint for a restaurant chain to acquire, or for that right person(s), that want to enjoy a coastal life style with 4 months off a year. Asking price includes $1,200,000 for the real estate and building. For more information call Robert Adams, Advanced Business Brokerage, at 757-439-0849, or email.


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