Please ensure Javascript is enabled for purposes of website accessibility Upscale Casual Restaurant in Historic Waterfront Venue | Transworld Business Advisors Eastern-NC UA-161827448-1

Upscale Casual Restaurant in Historic Waterfront Venue

Listing Number: 13485-192250

Description

One of the finest restaurants and event venues in the area, situated in the heart of a historic downtown in Eastern, North Carolina. Featuring 1st floor and rooftop dining and event space with amazing waterfront views, the restaurant features additional outdoor seating and a coffee shop all located in a charming renovated four story building, in a regentrified downtown. The restaurant hosts many special events including weddings, receptions, exercise classes, showers, birthdays, and more.

Opportunities for expansion include:

•Streamlining and cost efficiency. An experienced restauranter, can likely improve the cost structure, optimize labor, and grow sales.
•Delivery Service: Plans to incorporate delivery service in the future.
•Catering: Untapped potential
•Coffee Shop Revitalization: Focus on revitalizing the coffee shop experience
•Additional Events: Potential for expanding events such as sunset yoga sessions, cigar nights, bourbon tasting, or wine and art sessions.
•Marketing: Opportunity for Google ads, and listings on travel sites

This establishment is perfectly suited for an experienced restauranter, chef, or hospitality expert. Restaurant experience required.

Listing Details

  • Price: $ 550,000
  • Down Payment: $110,000
  • Sellers Discretionary Earnings: $ 235,097
  • Total Sales: $ 2,626,402
  • Location: North Carolina

  • Inventory: $ 20,000
  • FF&E: $ 0
  • Employees: 15
  • Year Established: 2021
  • Reason for Selling: Focus on further town development
  • Category: Restaurants
Upscale Casual Restaurant in Historic Waterfront Venue

Business Listed By:

Kimberly Ramsey
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