High Volume Southern Bistro, Restaurant & Retail Center

Undisclosed Address, North Carolina
Business Opportunity for Sale
Catylist Listing ID: 30022960
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $350,000
Year Business Established: 2003
Gross Revenue: $613,612 (Annual)
Cash Flow: $91,457 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

High volume southern bistro, restaurant and retail center. The restaurant is all about celebrating the good life through fine food, family and friends. Add to the mix a perfectly prepared cappuccino, latte or freshly brewed pot of coffee, an excellent wine selection and over 110 craft brewed beers, and life on the Outer Banks just is what this restaurant is all about. The day starts with a frying pan breakfast… something unique in Kitty Hawk, the Outer Banks or just about anywhere. All hot breakfasts are served in the frying pan in which they were prepared. The food is always hot, all the wonderful flavors are held together and it creates a different and memorable way to start the day. From soup to salads to subs and even paninis, there's no better place on the Outer Banks to enjoy a lunch of freshly prepared food in a relaxing atmosphere. There is something for everyone here with a wide selection of vegetarian dishes, the finest quality deli meats and freshly baked breads. All orders are prepared individually and custom created sandwiches are always a possibility… although the selection is so broad, almost everyone finds the perfect match for their appetite. Special touches are everywhere on the lunch menu, from the specially selected apple wood smoked bacon to the house made tuna salad to the Good Life Restaurant's own creation: a pretzel roll, for the perfect sandwich. Dinner is all about comfort food. The house-made meatloaf with macaroni and cheese has that touch of classic training that keeps customers coming back year after year, but the setting and the flavors will remind diners of families sitting around the table and enjoying one another's company. Add to the mix a glass of excellent wine at a very affordable price or one of the many unique craft beers available at the Good Life, and the good life just got better. With ample space, parking and catering supplies, the business is perfectly situated to cater to all Outer Banks guests and locals. This location has built a solid reputation and large following of customers.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Retirement/Health.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $285,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: 3 FT/ 10 PT Mon-Thurs 7:30-6; Fri-Sat 7:30-5; Sun 7:30-4
Mgmt/Training Support Description: Will train for 2 weeks @ no cost.
Growth/Expansion Opportunities: Great catering and retail opportunity. Expanded hours could substantially increase revenues. Owner’s health caused lost opportunities over last few years. Successful business for over 13 years.
Seller Financing Description: Possible with right offer.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,327 8,788
Median Age: 47.6 50.95
Households: 1,798 3,828
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