$150K SDE: Italian Restaurant with Real Estate

Walterboro, SC
Colleton County

Asking Price: Annual Revenue:
$475,000 $293,923

Food & Beverage: Restaurants, Fast Food, Deli

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RE: $150K SDE: Italian Restaurant with Real Estate Broker: Bernie Bastian

Quick Facts

Asking Price: $475,000
Annual Revenue: $293,923
Net Profit: Not Disclosed
Cash Flow: $157,460
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 4
BBN Listing #: 22718096
Broker Reference #: 9404

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Business Overview:

Take a look at this great Restaurant for Sale with Real Estate in the Charleston Lowcountry. As Owner-Operator you have the potential to duplicate the current owner's impressive $150K+ cash flow from 2021's profitable sales. The strong sales revenue has continued into 2022 for a real money-maker! A full Liquor License is in place with potential for future roof-top bar expansion. Isn't it time you start earning money for you, instead of someone else? Be your own landlord as well — the entire building is sold with this profitable restaurant for the offering price of only $475,000. If recent sales trends maintain their momentum you could realistically pay for the entire purchase in less than 4 years! This full-service restaurant is outfitted with all the equipment you need to continue generating top line revenue of $150,000+ in owner benefit for yourself. A fully equipped commercial kitchen with 15' vent hood, cook top, refrigerated reach-ins, prep essentials and more are included in the purchase price of this Restaurant for Sale with Real Estate. (Note some owner personal effects will not convey.) An easily accessible rear alley allows for convenient loading/unloading. Offering high quality menu items at an affordable price point and unbeatable service since 2008, this Restaurant for Sale with Real Estate near Charleston SC has became a neighborhood favorite. The current owners are retiring and ready for someone new to continue their community legacy. We Sell Restaurants loves offering up profitable independent opportunities like this one, especially when they include the building — no space leases to negotiate or track, no rent to pay — instead pay your business loan and build equity with the restaurant's profits. Ample free parking is available up and down the charming street, and a public lot is within walking distance. Current hours of operation are Tuesday-Saturday from 5-9pm; actual closing time is flexible for customers to linger after their meal. With 1,726 square feet inside the restaurant and the capacity to seat 47 in the dining room and at the bar, It's a terrific space to add lunch and brunch services to boost the 53% owner benefit rate even higher; busy holiday seasons, celebration gatherings, community business meetings, and more can generate even greater sales. The full Liquor License in this Restaurant for Sale with Real Estate may be available under the current owner's license via management agreement until you've secured your own. There is no local competition for this 14 year old iconic Restaurant for Sale with Real Estate. The local tourism organization heavily promotes the quaint, historic southern location. A strong, loyal patron base includes the local community as well as snowbird and business travelers. Since this profitable restaurant is easily accessed within 3 miles of the nearby major interstate, it's become a favorite stopover for travelers who want reliable, friendly service with an authentic Italian meal. Lending is available on a profitable location like this Restaurant for Sale with Real Estate. Do you have good credit, and restaurant experience? You could qualify with one of many lender resources, including owner financing potential. Just ask one of the Charleston Team's Certified Restaurant Brokers for guidance. This is the perfect opportunity for someone who has spent years in the industry working for others. Do you know how to run a successful restaurant, and have just been waiting on the right one to come along? Are you tired of making someone else all the money? This Restaurant for Sale with Real Estate could be exactly what you have been dreaming of, especially with the real estate building included. Instead of rent you have the potential to pay into your own equity while profiting from the restaurant's incredible six figure discretionary earnings. Built in 1950, the commercial zoned 1-story brick building was renovated in 2010. See for yourself what excellent condition it's in and stop paying a landlord. Don't wait to make your offer! Contact the Charleston Team's Certified Restaurant Brokers today and make an offer on this Restaurant for Sale with Real Estate. You can learn more details on this listing by acknowledging confidentiality and contacting the restaurant brokers at the information labeled below.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

All equipment, restaurant supplies, and decor as seen in photos and during Due Diligence inspection EXCEPT no wall art conveys and piano does not convey.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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