Outer Banks Beach Restaurant w/ Bar and Deck Dining

Outer Banks Beach Restaurant w/ Bar and Deck Dining


The Rundown Cafe established in 1993 124 seats w/ Pacific Rim fusion cusine. Featuring family friendly ocean view dining, Outdoor seating, 3 different dining areas. Strong food and service reputation - rating, locals favorite with 26 years of service. Continual growth into our 26th season and profitable only being open 9mos / 230 days a year. Situated on Outer Banks of NC one lot back from the Atlantic Ocean in Historic Kitty Hawk. Giant Koi pond in the front of the restaurant where the kids can feed the fish.



Location

Country:

USA

State or Province:

NC

City:

Kitty Hawk

Location Zip or Postal Code:

27949

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Outer Banks Beach Restaurant w/ Bar and Deck Dining

Year Established:

1993

Number of Locations:

1

Number of Seats:

Less than 50

Size:

3984, Square Feet

Patio:

Yes

Number of Employees:

11-50

Hours of Operation:

Open March thru November ..... Operated 230 days a year

Growth or Expansion Opportunities:

Can easily operated 12months a year and 7 days a week

Reason for Selling:

Seeking Retirement

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Links

Website:

www.Rundowncafe.com

Financial Details

Asking Price:

$2,000,075

Gross Revenue:

1.4 million

Gross Revenue Range:

$1,000,000+

EBITDA Range:

$100,000-$300,000

SDE Range:

Over $300,000

FF&E Value (Furniture Fixtures and Equipment):

250,000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$25,000

Inventory Value included in price?:

Yes

Real Estate Owned or Leased:

Real Estate Owned

Real Estate Value Included?:

Yes

Financial Comments (include any Financing information that may be useful):

Employee rentals, maintenance & upkeep, company vechicle..... all financed into debt service

Contact Listing Owner