Upscale Casual Restaurant in Historic Waterfront Venue

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

Listing Details

• Price: $550,000
• Down Payment: $110,000
• Sellers Discretionary Earnings: $235,097
• Total Sales: $2,626,402
• Location: Beaufort County, North Carolina


• Inventory: $20,000
• FF&E: $0
• Employees: 15
• Year Established: 2021
• Reason for Selling: Focus on further town development
• Category: Restaurants