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Established, Profitable Restaurant with Management in Place — Wilmington, NC
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💰Asking Price
$499,000
📍Location
Wilmington, NC
📝About This Listing
Highly regarded, profitable restaurant in Wilmington, North Carolina, with strong local brand awareness and a loyal clientele. An experienced management team and trained staff are in place, with established operating systems, a well-maintained facility and equipment, and a favorable lease with multiple renewal options. The brokerage's listing reports annual revenue of about $1.45M with owner cash flow near $230,000 (EBITDA about $180,000), roughly $80,000 of furniture, fixtures, and equipment included, and SBA-eligible financing. Offered at $499,000; the owner is relocating. Detailed financials and lease terms are provided to qualified buyers under NDA. Details sourced from the brokerage's public listing — contact the listing broker for specifics.
📊Financials
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Added from a public listing and managed by its original broker. ListingLedge is not the listing agent.
Details were sourced from the broker’s public listing and are not independently verified by ListingLedge — confirm current price and availability with the listing broker.
