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Broker Email:chantay@newsouthbusinessbrokers.com
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Calabash Seafood Restaurant Along the Coast-REDUCED TO $75K!!!
Southeastern, NC
Listed Price: $ 75,000

Listing DetailsGross Revenue: $ 418,000
Cash Flow: $ 25,000
FFE: $ 74,300
Inventory: $ 5,000
Absentee Owner: Yes
LocationLease Expire: 0000-00-00
SummaryBusiness Description:

A refreshingly coastal calabash seafood restaurant in Southeastern, NC is REDUCED TO $75K!!! The newly renovated restaurant is established in a high traffic location with seasonal beach tourism and offers quality fresh seafood entrées, salads, and desserts in both dine-in or take-out options! Gross revenue in 2020 was nearly $420K and is projected for $500K by the end of 2021. This profitable business is well-equipped with +$70K in FF & E and inventory and is fully staffed with an average cash flow to absentee-owner of +$25K and +$40K during the peak months of seasonal tourism. The current owner is selling the business for the LOW ASKING PRICE OF $75K!!! to pursue other interests. Contact: Chantay@NewSouthBusinessBrokers.com for more details about this great deal!