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Profitable Restaurant in Outer Banks NC with SBA Approval

Listing Number: 13485-879883


This Fast Casual Mexican Restaurant is located in a coastal community, with a great reputation built over a successful 10 years of operations. This restaurant is poised for growth with a new owner as the owner is ready to retire.

This business has experienced increased revenue year-over-year, with the owner's benefit being over $450,000 while only being in operation for 9 months of the year. This restaurant is a destination location as well as a favorite among locals. Customers travel from miles around to taste authentic Mexican cuisine. This restaurant was pandemic-proof and has excelled with its fast-casual nature.

This Mexican Restaurant is a turnkey operation with knowledgeable staff It is currently only open during vacation season, so it provides a new owner with opportunities for growth by extending business hours and lengthening the operating season. The current hours of seasonal operation are 8 am-3 pm, 7 days a week.

The business has been SBA Pre-Approved requiring 15% down from a qualified borrower.

Listing Details

  • Price: DH 1,000,000
  • Down Payment: DH1,000,000
  • Sellers Discretionary Earnings: DH 454,416
  • Total Sales: DH 1,038,974
  • Location: North Carolina

  • Inventory: DH 20,000
  • FF&E: DH 101,831
  • Employees: 6
  • Year Established: 2010
  • Reason for Selling: Retirement
  • Category: Restaurants
Profitable Restaurant in Outer Banks NC with SBA Approval

Business Listed By:

Ashley Kelsey
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