Very Profitable local Restaurant for Sale

Elizabeth City, NC (Pasquotank County)

Seller Financing Available
Very Profitable local Restaurant for Sale
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Asking Price: Get Financing: $750,000

Cash Flow: $620,000

Gross Revenue: $2,450,000

EBITDA: N/A

FF&E: $130,000

Inventory: $42,000

Lease Rate: $5,500 /Month

Established: N/A

Very Profitable local Restaurant for Sale

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Business Description

Very busy Local Restaurant . Atmosphere and location are key ingredients to this wonderful neighborhood restaurant. The location is perfect and is now established as a fun place to meet and greet and a fabulous place for friends and families to gather to eat. This restaurant has been successful for a long time and has increased sales year after year. The current owners have been provided a business opportunity as a result of their success and experience they find too desirable to turn down. As a result the owners are very motivated, but will assure a buyer a smooth transition into the operation and will consider some level of financing for the right buyer candidate. For more information call 757-270-3291

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,100
Lease Expiration:
7/31/2025
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
this is a beautiful restaurant
Competition:
very little competition
Support & Training:
seller will provide
Reason for Selling:
other businesses
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Yeliv Jill Adams

Business Listed By:
Yeliv Adams

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