Local Favorite – Sawmill Grill – Hampstead Business for Sale


Terry Espy

Mobile: 919-270-1711

Business Description

Sawmill Grill-Hampstead is now available for purchase. This popular restaurant has been a favorite of locals and tourists for over seventeen years. Located in the heart of Hampstead, guests travel from Surf City, Topsail, Figure Eight and surrounding counties to enjoy some “down home” cuisine.

Located on Hwy. 17 with outstanding visibility, great parking and excellent signage. The 4500+/- sf restaurant space is in excellent condition. The owner continually invests in upgrading and maintaining the furnishings, fixtures and equipment. Currently, the restaurant seats 135 guests and just recently completed the fit up of a full bar, to enhance the evening dining experience. A seasoned staff and management are eager to remain after the sale of the business.

Hampstead is popular coastal community located in southeastern North Carolina just north of Wilmington. This fast growing market has experienced a population growth of 40.3% since 2020. Bordered the east by the Intracoastal Waterway and minutes from Topsail Island and the shores of the Atlantic. Not only has the number of permanent residents increased the tourism market is extremely strong.

Detailed Information

Location: Hampstead, NC
Real Estate: Leased
Building SF: 4,500
Lease Expiration: N/A
Employees: 25
Facilities: Full FF&E to convey Fully built out kitchen and bar
Competition: Based on the growth of the market there is a pent up need for good restaurants. Currently, there are no restaurants similar to Sawmill in the area.
Growth & Expansion: There is the ability to purchase the original Sawmill Restaurant located in the Money Junction area of Wilmington. This would give the buyer a stronger footprint in the market.
Financing: No owner financing available
Support & Training: Owner agrees to work with Buyer through a 30 day transition period.
Reason for Selling: Owner has several other businesses as well as real estate holdings and now ready
Business Website: http://thesawmillgrill.com