Thriving and Beloved Downtown Wilmington Restaurant For Sale
Business Description
This operation delivers consistently strong financial performance, generating approximately $1.6 million in annual revenue, with clear opportunities to further increase sales through expanded catering, private events, and extended operating hours.
The restaurant offers a turn-key, fully built-out commercial kitchen, well-maintained equipment package, experienced staff, and excellent visibility in one of the area’s most desirable dining corridors. The location benefits from strong foot traffic, walkability, and proximity to major attractions, residential growth, and established complementary businesses.
Comprehensive financial documentation and operational details available to qualified purchasers following execution of confidentiality agreement.
Detailed Information
- Location:Wilmington, NC
- Real Estate:Leased
- Building SF: 3,015
- Furniture, Fixtures, & Equipment (FF&E): $31,000
Included in asking price - Facilities:
- This is an asset purchase to include the rights to the name/brand, trademark, recipes, furniture, fixtures and equipment and goodwill to include all website, social media and vendor relationships.
- Competition:
- Due to the success of restaurants in the Wilmington market throughout the pandemic there are very few opportunities to find second generation spaces. Most Wilmington restaurants have experienced “the best years ever” in 2022 , 2023 and 2024 and are heading in the same direction, with the National recognition of “Top Ten Foodie Destinations” /small cities the demand has increased even more so.
- Growth & Expansion:
- Highly sought-after location….in the heart of a historic area and established for over 20 years. It boasts loyal customers and great ratings. Plenty of opportunity to put an individual’s stamp on it to make it your own and increase revenues.
- Support & Training:
- Owner will provide a transition period to the new owners
- Reason for Selling:
- Retirement