Profitable Restaurant & Bar with Premier Location & Strong Cash Flow
The business occupies an outstanding high-traffic location with excellent visibility from multiple directions and strong exposure to both local and visitor traffic. Its established presence, loyal customer base, and proven operating history make this an attractive opportunity for an owner-operator or experienced hospitality group looking to expand.
The business is being offered as a complete turnkey operation, with all business assets transferring as part of the sale. A new owner can step into an established operation without the significant cost, time, and uncertainty associated with building a new concept from the ground up.
The business is also SBA financeable for a qualified buyer, creating an opportunity to acquire a strong cash-flowing operation with attractive financing options.
Additional financial information, business details, and the identity of the business will be provided to qualified buyers following execution of a confidentiality agreement.Ad#:2560732
Detailed Information
- Facilities:
- The business operates from a highly visible commercial location with significant traffic exposure and convenient customer access. The facility is fully built out for the current operation and is designed to support substantial food and beverage volume.
All business assets required to continue operations are included in the sale, allowing for a smooth transition to new ownership. The business is being offered as a turnkey operation with the existing furniture, fixtures, equipment, and other operating assets transferring with the sale.
- Competition:
- The business benefits from an exceptional location within a high-traffic coastal North Carolina market. Strong visibility from multiple directions provides significant exposure and helps generate consistent customer traffic. The surrounding market benefits from a combination of an established local population, continued area growth, and visitor traffic. The business has developed an established presence within the market and benefits from a loyal customer base and proven operating history.
- Growth & Expansion:
- While the business already produces strong and consistent cash flow, a new owner will have opportunities to build upon the established operation.
Additional growth may be achieved through expanded marketing, increased digital and social media exposure, additional events and promotions, expanded catering and private-event business, and other revenue-generating initiatives.
For an experienced operator, the existing infrastructure, customer base, location, and established revenue provide a strong platform from which to pursue continued growth.
- Support & Training:
- The seller is committed to providing reasonable training and transition assistance to help ensure a smooth transfer of ownership. The specific transition period can be coordinated with the buyer based on experience and operational needs.
Existing systems, equipment, vendor relationships, and operational knowledge will help position the incoming owner for continuity following closing.
- Reason for Selling:
- The seller is looking to pursue other ventures.
Business Location
- Location:
- Wilmington, NC
- Real Estate:
- Leased