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High-Performing Beach Bar and Grill with Real Estate
Asking Price
$6,995,000
SDE
$1,240,000
Industry
Restaurants and Other Eating Places
Gross Revenue
Location
$5,570,000
Dare County, NC
This unique opportunity is a vibrant, year round, highly profitable restaurant located in a beautiful community in the Outer Banks of North Carolina. Situated on over an acre of prime real estate on a major highway and close to the beach, this high-performing bar and grill operates from a newly renovated location with seating for over 250 guests. The business pairs casual table-service dining with a full bar program, offering a seafood-forward menu alongside signature cocktails and an extensive tap draft beer program. It serves both year-round residents and seasonal visitors, and an established management team already runs day-to-day operations. The real estate included in the sale.
Internal ID
2561429
Number of Employees
85
FF&E
$250,000
FF&E Included
Yes
Inventory
$30,000
Inventory Included
No
Real Estate
$4,300,000
Real Estate Included
Yes
Reason for Selling
The owner is selling due to a lack of time to devote to the business.
Facilities & Assets
Newly remodeled stand alone restaurant building with outdoor space and ample parking.
Support & Training
Seller is open to helping with the transition as agreed upon during the offer stage.
Market & Competition
In the Outer Banks casual dining and bar segment, a market of roughly five dozen locally owned restaurants is located along the bypass (South Croatan Highway) and the Beach Road (South Virginia Dare Trail). This restaurant differentiates itself through a refreshing, newly remodeled atmosphere, a seasonally rotating menu, and award winning cuisine and atmosphere.
Growth & Expansion
The restaurant has several identifiable avenues for growth under new ownership. These include launching the catering and private event services and expanding digital marketing to build traffic outside the peak season.
"*" indicates required fields
Asking Price
$6,995,000
SDE
$1,240,000
Industry
Restaurants and Other Eating Places
Gross Rev.
$5,570,000
Location
Dare County, NC
This unique opportunity is a vibrant, year round, highly profitable restaurant located in a beautiful community in the Outer Banks of North Carolina. Situated on over an acre of prime real estate on a major highway and close to the beach, this high-performing bar and grill operates from a newly renovated location with seating for over 250 guests. The business pairs casual table-service dining with a full bar program, offering a seafood-forward menu alongside signature cocktails and an extensive tap draft beer program. It serves both year-round residents and seasonal visitors, and an established management team already runs day-to-day operations. The real estate included in the sale.
Internal ID
2561429
Number of Employees
85
FF&E
$250,000
FF&E Included
Yes
Inventory
$30,000
Inventory Included
No
Real Estate
$4,300,000
Real Estate Included
Yes
Reason for Selling
The owner is selling due to a lack of time to devote to the business.
Facilities & Assets
Newly remodeled stand alone restaurant building with outdoor space and ample parking.
Support & Training
Seller is open to helping with the transition as agreed upon during the offer stage.
Market & Competition
In the Outer Banks casual dining and bar segment, a market of roughly five dozen locally owned restaurants is located along the bypass (South Croatan Highway) and the Beach Road (South Virginia Dare Trail). This restaurant differentiates itself through a refreshing, newly remodeled atmosphere, a seasonally rotating menu, and award winning cuisine and atmosphere.
Growth & Expansion
The restaurant has several identifiable avenues for growth under new ownership. These include launching the catering and private event services and expanding digital marketing to build traffic outside the peak season.
"*" indicates required fields
High-Performing Beach Bar and Grill with Real Estate
https://newleafbrokerage.com/listing/high-performing-beach-bar-and-grill-with-real-estate/
Asking Price
$6,995,000
SDE
$1,240,000
Industry
Restaurants and Other Eating Places
Gross Rev.
$5,570,000
Location
Dare County, NC
Business Description
This unique opportunity is a vibrant, year round, highly profitable restaurant located in a beautiful community in the Outer Banks of North Carolina. Situated on over an acre of prime real estate on a major highway and close to the beach, this high-performing bar and grill operates from a newly renovated location with seating for over 250 guests. The business pairs casual table-service dining with a full bar program, offering a seafood-forward menu alongside signature cocktails and an extensive tap draft beer program. It serves both year-round residents and seasonal visitors, and an established management team already runs day-to-day operations. The real estate included in the sale.
Detailed Information
Internal ID
2561429
Number of Employees
85
FF&E
$250,000
FF&E Included
Yes
Inventory
$30,000
Inventory Included
No
Real Estate
$4,300,000
Real Estate Included
Yes
Additional Information
Reason for Selling
The owner is selling due to a lack of time to devote to the business.
Facilities & Assets
Newly remodeled stand alone restaurant building with outdoor space and ample parking.
Support & Training
Seller is open to helping with the transition as agreed upon during the offer stage.
Market & Competition
In the Outer Banks casual dining and bar segment, a market of roughly five dozen locally owned restaurants is located along the bypass (South Croatan Highway) and the Beach Road (South Virginia Dare Trail). This restaurant differentiates itself through a refreshing, newly remodeled atmosphere, a seasonally rotating menu, and award winning cuisine and atmosphere.
Growth & Expansion
The restaurant has several identifiable avenues for growth under new ownership. These include launching the catering and private event services and expanding digital marketing to build traffic outside the peak season.