Business For Sale Listing 154507
Beach Restaurant Opportunity!
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
Beach Restaurant Opportunity!
Location: North Carolina > Brunswick County > Oak Island
Industry: Food and Beverage > Restaurants
Business Summary
Located near historic Cape Fear and Wilmington, NC. This great little business is being offered for a firm $125,000. Open for over 8 years and continuing to increase revenue. The rent factor is under 10%. This is a family oriented diner themed franchise with a low (5.75%) royalty fee. Currently being run absentee brings a cash flow of $39,000++, this could be greatly increased by a new owner/operator. Great demographic area to live and work affordably in one of the state’s most scenic areas. Franchise approval will be required. This is a perfect opportunity for anyone with the desire to own their own business and deserves a better quality of life. What could be better than a restaurant a mile from the beach!
Financials
Asking Price: $125,000
Gross Revenue: $425,000
Cash Flow: $40,000
Seller Financing: N/A
About the Business
Year Established: 1999
Employees: 6 full time - 8 part time
Franchise: Yes
Facilities: Combo. Unit.
Market Outlook and Competition: Fantastic beach location. Rare opportunity.
About the Sale
Management Training and Support: 2 Weeks Corporate Training. 2 Weeks Owner.
Reason For Selling: Other Ventures
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (425,000) |
| Profits: |
Under $100 Thousand (40,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (125,000) |
