$379000.00 | MLS #30233657 ~ Active

300 N Lake Park Blvd Carolina Beach, NC 28428

Description

Motivated Seller! Make an offer!

260+ seat restaurant in prime location in Carolina Beach!

Just re-opened for the season with new, highly qualified chef.

Top line revenue approximately $1M, with major upside potential.

Financials are available with signed CA.

Indoor and outdoor space with a view! Seller recently put over $300K into renovations and expansion. New rooftop bar, upgraded screened porch, new furniture, some new kitchen equipment.

All FF&E conveys with no debt.

Turnkey property. Opportunity to increase revenue $200-400K simply by extending hours (currently close at 9 PM), increasing bar business. Buyer could also consider adding live entertainment on weekends.

Excellent lease terms with renewals secured. Lease assignment will come with a Right of First Refusal to purchase the real estate if desired.

Showings by appointment only. Timing will be early morning prior to when staff arrives.

Basic

Property Type:
Food and Beverage
County:
New Hanover
Directions

Dimensions

Minimum Space Available:
5,400 SQFT
 


Listing courtesy of Coldwell Banker Commercial Sun Coast

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 05/24/18 All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Listing broker(s) shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data. © 2018 North Carolina Regional MLS LLC.

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