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