NextCompany

Landmark Restaurant with Real Estate in OBX

Outer Banks Landmark Restaurant Includes Real Estate

On NextCompany since August 27, 2026 (49 days)

Location undisclosedEstablished 2002
Financial summary
Asking price
$1,500,000
Gross revenue
$3,055,000
Cash flow (SDE)
$625,500
Inventory
$10,000
FF&E
$80,000

Figures come from the listing party and are not verified or guaranteed by NextCompany. Parts of this page are AI-generated and may contain errors. Verify everything before relying on it. See the Buyer Terms.

Business overview

The full-service restaurant operates in a beachfront Outer Banks setting. News outlets and television programs have featured the location. Nearly 3,000 square feet house a dedicated bar, dining room, and open-concept kitchen. The business posted $3,055,000 in gross revenue. Cash flow reaches $625,500. The seller lists the business at $1,500,000. Fifty-five employees keep the restaurant always busy. The seller retires and provides two weeks of transition support.

Who is a good fit for this business

  • Buyers experienced with high-volume restaurant operations seek this opportunity.
  • Operators ready to manage a team of 55 employees fit this model.
  • Purchasers interested in coastal real estate and two weeks of transition support qualify.

Details

Reason for selling
Seller is retiring

Frequently Asked Questions

Gross revenue totals $3,055,000. Cash flow stands at $625,500. The asking price equals $1,500,000.

Fifty-five employees staff the restaurant. The seller describes operations as always busy.

The seller provides two weeks of transition support. FF&E values $80,000 and inventory values $10,000.

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