$265,000

Long Established Upscale Restaurant and Bar

North Carolina/Elizabeth City
Financials
  • Price: $265,000
  • Gross Income: $766,486
  • Cash Flow: $75,000
  • FFE: $150,000
  • Inventory: $10,000
  • Real Estate Value: $0
  • Source Data: 1573
About the Business
  • Listing ID: #1573
  • Year Established: 1997
  • Financing:
  • Training: Yes
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Operating over 20 years this unique restaurant specializes in chef created dinner offerings which complement the local area. Strategically located in an area know as "The Harbor of Hospitality", the restaurant is established as a boater destination, within walking distance of the famous Intercostal Waterway. Great support from the densely populated local area, the restaurant finds itself surrounded by historical points of interest and a large number of complementing businesses. Once inside customers find the restaurant attractively adorned with an upscale flair and yet affords friends and families a casual and relaxed dining experience. Over 100 seats are available under the roof, the facility is further complemented by separate and classy bar areas. This is a great opportunity for an owner operator to blend into a community based family oriented area. For more information call Robert K. Adams at 757-439-0849 or email at bobadams@advancedbusinessbrokerage.com

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Business Listed By

Frank Chebalo, CBI, ABI, CMSBB, CBC 4445 Corporation Lane, Virginia, Virginia Beach