Seller's Contact Information
- RE: Six Figure Earnings At This Charleston Restaurant
- Contact: Bernie Bastian
Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $1,322,187 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $139,784 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 24 | |
BBN Listing #: | 35508096 | |
Broker Reference #: | 9662 |
Business Overview:
This restaurant and Bar for Sale near Charleston boasts sales over $100,000 each month, averaging $10,000 every month in the owner's pocket. Priced at only $295,000 this deal will go quick. Plus, as the owners prepare to retire from the business, Owner Financing is available to qualified buyers.
There is unlimited potential in this popular restaurant and Bar for Sale in a charming town less than 50 miles from Charleston. The owner's vision created a very profitable reality: 40% gross sales increase in only 8 months. Your sales could grow even further by extending dining hours (currently open only 53 hours a week), expanding the successful catering and events, and adding morning coffee shop service from the adjoining in-house café.
Base rent at this restaurant and Bar for Sale is a very reasonable $12/square foot ($5,000/month) on this perfectly portioned 5,000 square feet space. Looking for a real estate investment too? Ask your Certified Restaurant Broker® at We Sell Restaurants about the owner's option to sell the real estate building and be your own landlord ($295,000 is for restaurant business only, please inquire for separate real estate building price.)
The restaurant and Bar for Sale has over a dozen trained long-term staff in place to serve all dining and event spaces that include first floor inside table service for 70, full bar, heated/cooled outdoor dining; open air outdoor dining for another 70 , dedicated pet-friendly covered patio; and adjoining coffee shop and café. The second floor hosts private events with full catering, seating for 75, and a second bar.
When purchasing this restaurant and Bar for Sale you are receiving a completely furnished and fully equipped space. All furniture, fixtures, and equipment (except couches and coffee tables) will remain for both the restaurant and café.
No franchise royalties here either; when you own this restaurant and Bar for Sale, plus coffee shop and café, you don't pay royalties to anyone but yourself. This is a great opportunity to walk into an already established concept and finally become your own boss. The sale comes complete with all the recipes, as well as flexible training by the current owner to ensure a smooth transition for you, the staff, and the customers.
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:
Couches and coffee tables are not included in the sale One 12 foot vent hood One 36 inch flat top grill One 21 and a half inch gas grill One 36 inch 6 burner gas stove with oven Two Avantco 14 inch double basket fryers One 54 inch two door true refrigerator One 3 foot chef base freezer One 37 inch Avantco chef base refrigerator One 32 inch stand up freezer One Walk in cooler and freezer One Hoshhizaki ice machine One 6 foot avantco refrigerator line prep station One 5 foot Avantco salad prep station Two stainless steel prep tables One 3 bay Servewell warmer One Super system stand up oven and warmer One leased Ecolab dish washer One Amana commercial microwave One Robot Coupe One Meat Slicer One Commercial waffle iron One Hatco bread toaster One Merrychef One 2 bay soup warmer One SEMF 20 stand up mixer One Bunn Tea brewer Smallwares Tablewares Cookwares 13 tables inside 46 chairs inside 5 bar tables inside 25 bar stools inside Downstairs Bar 5 foot Avantco 2 beer tap refrigerator 4 foot avantco refrigerator 1 single beer tap refrigerator 26 inch Avantco beer mug freezer 2 ice coolers Upstairs Event Space 55 chairs 3 bar stools Upstairs bar 6 foot prep table Ice chest 4 burner electric stove whirlpool 2 door Avantco refrigerator chest Beer glass freezer Tabco 4 bay electric food warmer Dinnerware system with 5 stations and one handheld Outdoor Dining Space 12 tables 54 chairs 13 bar stools Avantco Single bar tap refrigerator Adjoining Coffee Shop and Cafe Nuova espresso machine Espresso bean grinder Fetco coffee bean grinder 2 bay Bunn coffee brewer 2 sides Avantco 4 foot display refrigerator Avantco 4 foot refrigerator
Market Competition and Expansion:
*Grow sales even further with expanded hours; owner indicates patrons will support Sunday brunch beyond 11-2, nighttime events after 9pm, and morning coffee cafe service.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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