Full Service Turn Key

CAROLINA BEACH, NC Restaurant for sale: Selling a full service mom and pop restaurant.  Well established and locally supported.  Long term employees.  Lease transfer and training

Full Service Turn Key


Get out of the cities - live and work at the beach! Fun spot - great customers and the best place to live we provide all ownership training and remain on the island as well numbers are actually up even with covid



Location

Country:

USA

State or Province:

NC

City:

CAROLINA BEACH

Location Zip or Postal Code:

28428

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Full Service Turn Key

Year Established:

2009

Number of Locations:

1

Number of Seats:

51-150

Size:

, Square Feet

Patio:

Yes

Number of Employees:

11-50

Hours of Operation:

Closed Tuesday Sun-Thurs 11-9 Fri-Sat 11-10

Growth or Expansion Opportunities:

yes

Reason for Selling:

retiring

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Links

Link to Facebook Page:

https://www.facebook.com/HOPLITEIRISHPUBRESTAURANT

Link to TripAdvisor Review Page:

https://www.tripadvisor.com/Restaurant_Review-g49004-d2223269-Reviews-Hoplite_Irish_Pub_and_Restaurant-Carolina_Beach_North_Carolina.html

Website:

https://www.hopliterestaurant.com/

Financial Details

Asking Price:

$225000

Gross Revenue Range:

$500,000-$1,000,000

EBITDA Range:

Under $100,000

SDE (Sellers Discretionary Earnings):

$60,000.00

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment):

10,000.00

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

Yes

Inventory Estimated Value:

$5000

Inventory Value included in price?:

Yes

Vendor Financing Available:

Yes

Asset or Share Sale:

Flexible

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

2 years

Total Monthly Rent:

$4000

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

increased year over year sales as community continues to grow with retirees moving permanently. Summer offers a swell of visitors projection for year-round business environment and a projected growth rate of 42% by 2050 in population based on town planning

Contact Listing Owner