Thriving OBX Waterfront Restaurant with Real Estate

This unique opportunity is a longstanding, vibrant, highly profitable restaurant and catering business located in a beautiful island community in North Carolina. Situated on 2.15 acres of prime waterfront real estate, this restaurant has experienced substantial growth in its profitability over the last several years and is one of the best in class in the industry in its location.

This restaurant enjoys a national reputation regarding their strong focus on sustainability and healthy food sourcing. Whether dining in at the restaurant, utilizing their catering services, or being a patron to the food truck, this focus is woven through every menu item, and built-in onsite with a fish cleaning room and plentiful garden.

Included in this sale is the 13,495 sq. ft waterfront restaurant that sits on 2.15 acres that is currently utilized for fine dining and hosting wedding receptions and other significant events, and the well known food truck that has an immense opportunity for growth and maximization.

Cash Flow: $807,000

FFE Included: Yes

Inventory Included: No

Year Established: 1995

Employees: 100

Managers: 1

Absentee Owner: No

Real Estate: $6,600,000

Real Estate Included: Yes

Type of Location: Waterfront

Square Footage: 13,500

Relocatable: No

Facilities Information:

A large waterfront restaurant and event facility.

Reason For Sale:

Sellers want to pursue other opportunities.

Training & Support:

2 Weeks. More as needed with appropriate compensation.

Competition:

The company's competition includes a number of catering businesses and restaurants in its island community.

Potential Growth:

There is significant opportunity to expand the catering business, which is very scalable. In addition, the food truck is not utilized to capacity, and could easily generate additional income.