Turnkey Outer Banks Favorite: Ice Cream, Sandwich & Convenience Shop

Corolla NC, 27927

Rare opportunity to own a beloved, multi-revenue stream shop in a prime Outer Banks location. Ned’s has been serving locals and vacationers for over 10 years and is a recognized stop for sandwiches, ice cream, and convenient grab-and-go essentials—truly something for everyone in the family.

This well-established seasonal business continues to trend upward, with sales increasing last year and strong momentum heading into peak months. The operation is turnkey with plentiful equipment and inventory already in place, plus a long-term lease secured at a highly visible, high-traffic site. Outdoor seating adds to the guest experience and supports strong summer volume.

The peak season is concentrated into roughly three high-performing months, allowing an owner to capture major summer profits while maintaining flexibility in the off-season. Previous staff have expressed interest in returning, helping ensure a smooth transition and reliable seasonal hiring. SBA financing is available for qualified buyers. Ideal for an owner-operator, hospitality group, or investor seeking a proven OBX concept with diversified product lines and dependable seasonal demand.

Listing Number:

24936

Category:

Food - Fast Food

Location:

Corolla NC, 27927
$499,900

Financial Information:

Gross Revenue:

$712,858

Listed Price:

$499,900

Down Payment:

$0

Total Income:

$187,003

Year Established:

2014

Lease Information:

Square Feet:

3479

Total Rent:

$7,856

Lease Expiration:

03/2030

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$75,555

Inventory:

$50,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

9

Part-Time Employees:

0

Special License Required:

Food saftey and business license

Contract Labor:

0

Training Period:

2 weeks.

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:

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Turnkey Outer Banks Favorite: Ice Cream, Sandwich & Convenience Shop
Corolla NC, 27927

Listing Number:

24936

Category:

Food - Fast Food

Location:

Corolla NC, 27927

Listed Price:

$499,900
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
Rare opportunity to own a beloved, multi-revenue stream shop in a prime Outer Banks location. Ned’s has been serving locals and vacationers for over 10 years and is a recognized stop for sandwiches, ice cream, and convenient grab-and-go essentials—truly something for everyone in the family.

This well-established seasonal business continues to trend upward, with sales increasing last year and strong momentum heading into peak months. The operation is turnkey with plentiful equipment and inventory already in place, plus a long-term lease secured at a highly visible, high-traffic site. Outdoor seating adds to the guest experience and supports strong summer volume.

The peak season is concentrated into roughly three high-performing months, allowing an owner to capture major summer profits while maintaining flexibility in the off-season. Previous staff have expressed interest in returning, helping ensure a smooth transition and reliable seasonal hiring. SBA financing is available for qualified buyers. Ideal for an owner-operator, hospitality group, or investor seeking a proven OBX concept with diversified product lines and dependable seasonal demand.

Financial Information

Gross Revenue:

$712,858

Listed Price:

$499,900

Down Payment:

$0

Total Income:

$187,003

Year Established:

2014

Lease Information

Square Feet:

3479

Total Rent:

$7,856

Lease Expiration:

03/2030

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$75,555

Inventory:

$50,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

9

Part-Time Employees:

0

Special License Required:

Food saftey and business license

Contract Staff:

0

Training Period:

2 weeks.

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.