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26754990
26754991

Cape Fear, Cape Fear, NC 28401

TE
NC 214826
MoMentum companies
Listed by MoMentum companies
$1,650,000
277 days on market
Updated 79 days ago

Famous Waterfront Bar & Grill

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 2,750
Net Rentable (SqFt) 2,750
Units 1
Lease Type Modified
Class A
Year Renovated 2017
Lot Size (SqFt) 2,750
Zoning CBD

Famous Waterfront Bar & Grill

Marketing description

Very Popular and Profitable Waterfront Bar & Grill Can be Yours!

A rare opportunity to acquire a well-established waterfront dining destination with full bar, known for its prime location and loyal following among both locals and visitors. Operating since 2017, the business has demonstrated consistently increasing revenues and strong profitability, making it SBA financeable (preapproved). With its distinctive concept, proven performance, and sustainable competitive advantages, this restaurant stands out as a one-of-a-kind offering in the Wilmington market!

Further details available upon execution of a confidentiality agreement (NDA).
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#:This waterfront restaurant benefits from a steady mix of local patrons, tourists, and seasonal visitors. The surrounding area continues to grow as both a residential and entertainment destination, driving consistent foot traffic and demand. While there are other dining options nearby, few offer the same combination of waterfront views, casual atmosphere, and full bar service, providing this business with a distinct competitive advantage. It has established reputation and strong customer base.

Growth & Expansion:

The growth can be considered to be organic. The Wilmington market continues to be one the number one market to move to, with no signs of slowing down. It is well known that the population growth is far outpacing the development of new retail and hospitality options. Currently, the owners are doing very little social media marketing or promotions, which is considered to be the best way to attract new customers.

Financing: SBA Approved2406037

Listing Contacts

TE
NC 214826
MoMentum companies
Listed by MoMentum companies

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