No photo available
Seafood Retailer & Restaurant in Coastal NC Waterfront Community
45+ year family owned fresh seafood wholesaler, retailer and restaurant for sale in charming coastal waterfront community.
Started over 45 years ago, this charming wholesale, retail and family-run restaurant business has been a prominent icon within the historic district of this coastal Carolina waterfront community.
Locally caught fish, crab, oysters, shrimp and other seafood are sold in the retail store, which is located directly adjacent to the seafood restaurant.
Public parking is conveniently located right next door for customers, so adequate parking is rarely an issue.
Per the owner, he has worked in the business for about 20 hours/week over the last several years due to other personal commitments.
Competitive Overview While there is some competition in the area, this unique retail/restaurant is located in the heart of the historic district of this waterfront community.
An owner-operator who regularly engages with the guests, in addition to adding on alcoholic beverage sales, should really make an impact on increasing sales.
Potential Growth The current owner estimates that there would be a 30-40% increase in the restaurant sales if the new buyer obtains an alcohol permit, as customers regularly request beer, wine and other alcoholic beverages.
The current owner has drafted up architectural plans for the potential expansion of the this 5,099 sq.ft. facility.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.