Profitable Bar for Sale in Ocracoke, United States

Bar and grill restaurant in North Carolina, receiving more than 100 daily customers.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1.4 million
EBITDA Margin
40 %
Industries
Restaurants + 1 more
Locations
Local Time
3:51 PM North Carolina
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 525 thousand (Native Currency: USD 525,000)
Reason: We must purchase the property in accordance with the lease agreement before the end of January 2020.... View More
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
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Business Overview

- Bar and grill restaurant serving local seafood, Mexican cuisine and more than 200 craft beers located in Ocracoke, North Carolina.

- Our restaurant has a seating capacity of 40 indoor and 48 outdoor seats.

- On an average, we receive more than 100 customers on a daily basis.

- Customers can also watch some of the most fascinating surfing videos and spear fishing videos running non-stop all day and night.

- We have 18 video playlists of surfing and spear fishing with an average length of 5-6 hours each.

- We also provide online services through our website. We receive around 30-50 orders per day through the website.

- Physical asset includes 9 flat screen TVs, POS including 7 tablets with card readers for the floor and 4 tablets for the kitchen, 3 pass through refrigerated beer coolers, 1 double glass door merchandiser, 1 single door merchandiser, one 8x8 walk-in cooler, 1 double door prep top cooler, 1 double door freezer, 1 double door refrigerated unit, 2 pre-coolers with cutting boards, 1 single door freezer, 1 double door freezer, 1 double 1 / 2 keg cooler and draft system, 1 single door glass portion cooler, double shelf table and opener, 2 stainless preparation tables, 1 milk cooler ice box, 1 double door 10 pan steamer, 2 patio heaters, 2 ice buckets, 2 ice scoops, 1 ice shovel, 10 real surfboards hung on display.

- Promoter has more than 5 years of experience in this business.

Products & Services Overview

Local seafood, Mexican Cuisine, Alcohol, Craft Beers.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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