No Address, Wilmington, NC

Retail for Sale - $390,000 - 2,400 Sq. Ft.


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Agent Info

NameMark Johnson
CompanyColdwell Banker Commercial Sun Coast Partners

Property Info

CIMLS #1023772
Location
Wilmington NC 28403
Last UpdatedAugust 28th, 2018
TypeRetail
Price$390,000
Building2,400 Sq. Ft.
DemographicsView data

Contact


Property Description

Loyal following and strong track record of growth. Revenue consistently above $800K, with a projection for 2018 of $890K. COGS has been approximately 33% for the last 4 years.

Seller has transparent financials, with a high level of detail for a potential buyer to analyze. No hidden cash income/payments - this is a well run and tightly controlled business.

Strong cash flow and reasonable lease terms that can be assumed. Seller willing to stay and train for an extended period depending upon what the buyer wants/needs. Seller financing available to a qualified buyer.

Location is in fast-growing area, close to college, new residential developments, access to major arteries/highways. Healthy balance of take-out/delivery and dine-in. Bar business is excellent, and POS system is top-notch (Toast: https://pos.toasttab.com ).

All FF&E conveys, much of it is new. Truly a turn-key operation.

Financials available with signed Confidentiality Agreement.


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