Live the Island Life! Thriving Waterfront Restaurant with Real Estate

Dare County, NC

Seller Financing Available

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Asking Price:$8,100,000
Gross Revenue:$3,900,000
Established Year:1995
Cash Flow:$807,000
Real Estate:$6,600,000
BUSINESS DESCRIPTION

This unique opportunity is a longstanding, vibrant, highly profitable restaurant and catering business located in a beautiful island community in North Carolina. Situated on 2.15 acres of prime waterfront real estate, this restaurant has experienced substantial growth in its profitability over the last several years and is one of the best in class in the industry in its location.

This restaurant enjoys a national reputation regarding their strong focus on sustainability and healthy food sourcing. Whether dining in at the restaurant, utilizing their catering services, or being a patron to the food truck, this focus is woven through every menu item, and built-in onsite with a fish cleaning room and plentiful garden.

Included in this sale is the 13,495 sq. ft waterfront restaurant that sits on 2.15 acres that is currently utilized for fine dining and hosting wedding receptions and other significant events, and the well known food truck that has an immense opportunity for growth and maximization.


DETAILED INFORMATION
Location
Dare County, NC
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
13,500
Employees
100
Facilities
A large waterfront restaurant facility.
Competition
The company's competition includes a number of catering businesses and restaurants in its island community.
Growth & Expansion
There is significant opportunity to expand the catering business, which is very scalable. In addition, the food truck is not utilized to capacity, and could easily generate additional income.
Support & Training
2 Weeks. More as needed with appropriate compensation.
Reason for Selling
Sellers want to pursue other opportunities.
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Liz
Vetter
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Liz Vetter