Price: $599,999
Location: Vance County, NC
Industry: Restaurant and Food
Listing ID: 16931817-RM
Superb, high-volume landmark Steak and Seafood restaurant with the finest prime steaks and freshest seafood,
This destination and event space brings customers for miles to enjoy this successful landmark restaurant located near several popular North Carolina lakes.
With three floors including a handmade bar and a wine cellar, this restaurant, built in the early 1900s, offers so many opportunities for private parties, events, and celebrations.
They offer full service, dine in, and take out, currently on limited hours. Watch sales grow when you expand the hours of operation!
Fine wines, cocktails, and drink specials accompany a mouthwatering menu.
- You Won't Believe How Low The Rent Is! Not A Typo!
- Customers come from two states
- Opportunities for growth with adding new services and expanding operating hours
- Consistent customer base and adding new customers every month!
- Located on two acres between two tourist lakes
- 5 star reviews on Google, Yelp, and other social media channels
- Fire Grilled Steak & Seafood in a Rustic Log Cabin Atmosphere!
If you have always dreamed of owning a successful restaurant of your own, jump on this great opportunity today.
Complete the "Contact the seller" box for an automatic NDA and check your inbox/junk mail. A full business report is available with the location, pictures, staff details, and more!
Revenue representation is an annualized 2022 calculation from January - July monthly POS figures.
Cash Flow is calculated from the 2021 tax return.
Down Payment: N/A
Total Sales: N/A
Cash Flow: $334,464
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $120,000
FFE Included: Yes
Inventory: $5,000
Inventory Included: Yes
Year Established: 2015
Non-Owner Payroll: N/A
Employees: 25
Lease Option: Leased
Real Estate: N/A
Monthly Rent: $980
Type of Location: Restaurant
Square Footage: 5110
Facilities Information: Historic venue recently restored to "like new" condition with multiple dining assets including a wine cellar, private dining rooms, private bar, multiple floors, outdoor patio space, ample parking, two floor kitchen, dry goods storage, walk in freezer, multiple wait stations, reception areas, themed restrooms and more! Must see it to believe it!
Terms and Conditions?: The information in this listing has been provided by the business seller or representative stated above. VRBizTriangle has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Reason For Sale: Relocation.
Training & Support: Two Weeks Included With Purchase Price.
Potential Growth: Currently open for limited days of the week. Immediate expansion capability by opening for more days of the week!
