Casual American Restaurant Opportunity

New Hanover County, NC

Seller Financing Available

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Asking Price:$300,000
Gross Revenue:$700,000
FF&E:$75,000
Cash Flow:$110,000
Inventory:$7,500
BUSINESS DESCRIPTION

On the market is a casual American restaurant spot that offers a variety of lunch and dinner options. The atmosphere is casual and cozy with unpretentious decor, comfortable seating, and a welcoming vibe. It's a popular choice for families, friends, and casual gatherings offering a diverse menu to cater to different tastes.

It has rebounded post Covid with consistent revenue and it cash flows for an owner’s salary and distributions annually.

An interested buyer must be financially able to fund the purchase, show proof of funds within their personal financial statement and have operating capital to assume the lease. The owner will stay to train during a negotiated transition period.

All FF&E and inventory conveys with the sale.


DETAILED INFORMATION
Location
New Hanover County, NC
Inventory
Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Seller will consider financial assistance with a strong buyer with hospitality backgr
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Joan
Loch
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Joan Loch