$1,495,000
Here is your chance to own one of Avon’s most loved and established restaurants! The Mad Crabber has been family-owned and operated since 1991, serving generations of Hatteras Island locals and vacationers who return year after year for great food and a familiar, welcoming atmosphere. With more than 35 years of history on the Outer Banks, The Mad Crabber has built a loyal following and a reputation that would take years for a new restaurant to establish.
Located in the heart of Avon, this well-known restaurant offers an incredible opportunity for an experienced restaurateur or someone looking to get into the restaurant business on Hatteras Island. The current owners have taken pride in maintaining the property, and the restaurant is fully operational, offering a great opportunity to step into an established business with a recognizable name and loyal customer base.
One of the biggest opportunities here is the potential to increase revenue! The Mad Crabber currently operates for dinner only, approximately six months out of the year. Imagine the possibilities for a new owner who chooses to expand operations to include breakfast, lunch, and dinner, or extend the season to take advantage of the growing shoulder-season business on Hatteras Island. There is tremendous potential to build on what the current owners have already established.
And there's more! Included in the sale is an additional 15,000-square-foot parcel with access from Harbor Road. This extra land opens the door to even more possibilities, including a catering kitchen, expanded parking, outdoor dining, special events, or potentially employee housing, subject to applicable permits and approvals. The additional parcel could also be held for future expansion or investment.
Another great opportunity! The seller would consider short-term owner financing with an acceptable offer and substantial down payment. Terms are negotiable, giving a qualified buyer additional flexibility when purchasing this established Hatteras Island restaurant.
Opportunities like this don't come along often on Hatteras Island! You're not just purchasing a restaurant; you're purchasing a business with decades of name recognition, an established customer base, a well-maintained property, and additional land with room to grow. Whether you want to continue the tradition that has made The Mad Crabber a local favorite or bring your own ideas to the table, this is an opportunity worth taking a closer look at!
40594 NC 12 Highway, Avon
Listing courtesy of Midgett Realty - Rodanthe.
