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- RE: Pocket $500k On $2.5mil 2022 Sales: SC Restaurant
- Contact: Bernie Bastian
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Strong $540k SDE, $400k EBITDA, 16% Margin - Restaurant for Sale with Real Estate and Full Liquor License. $2.1M Real Estate USPAP Commercial Appraisal Value. Outstanding $2.8M in trending 2023 Sales. Within 60 miles of Charleston South Carolina, this is high-volume sit-down eatery and bar is located at a desirable easy-off-exit interstate location with little to no competition. Prime site in a district intended for intensive interstate adjacent uses. Nearly 5000 square feet of interior space with 155 seats plus 2217+/- sf of covered outdoor dining with 40+ seats provide overflow capacity for events. Built new in 2016, this Restaurant for Sale with Real Estate features a spacious commercial kitchen including 20' hood system, cook-top/grill, walk-in cooler, freezer, custom-built bar, and so much more. Fully trained staff available for ongoing employment. Popular light fare menu items include shareable bites, salads, sandwiches, and burgers; entrée selections feature fresh seafood, renowned steaks, pasta, and more. Seasonal and standard drink menu keeps locals coming back for after-work and weekend down-time. Both a reliable community favorite and easy access interstate traveler go-to. This is a one-of-a-kind opportunity to buy into a fully furnished, sit-down Restaurant for Sale with Real Estate. Surrounded by interstate-influenced commercial establishments, the newer shopping center houses multiple retailers including a major big box chain. The prime location holds huge future development potential, facilitated by commercial activity related to I95 through traffic. Ideal for an experienced owner-operator, or as an addition to your growing restaurant and real estate portfolio. Solid margins + equity growth = appealing package with no lease or CAMs to negotiate. Need more to convince you of the area's pent-up growth potential? This Restaurant for Sale with Real Estate opportunity stands to benefit from rapidly expanding area battery manufacturing businesses, bringing substantial employment opportunities and housing growth to the area. According to the Wall Street Journal, the county is a player in for "$1 trillion in federal tax incentives and loans for green energy that is fueling a flood of corporate investments and reshaping local economies." This new green energy gold rush "Battery Belt" has resulted in growth and developments thus far from DR Horton home builder, DHL Headquarters, a 3 million square foot Walmart distribution center, Redwood Battery Materials Campus, Port 95 Business and Industrial Park, and more. Register and sign our online Confidentiality Agreement today on this Restaurant for Sale with Real Estate and a Charleston Team Certified Restaurant Broker® will reach out with instructions for full access. You'll then be eligible to see all the details including the name, address, and photos. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
Seller working on and will provide Fully equipped commercial kitchen All FF&E as seen in photos and during Due Diligence inspections
Market Competition and Expansion:
A go-to establishment for locals and driving travelers with little to no area competition Average 70 YOY Cash Flow Growth 2020-2021-YTD 2022 Key interstate signage directs travelers from highway and exit Major big box discount retailer visible from highway and frequented by local residents Close to major hotel chains for business and snowbird stopovers Grow real estate equity and profits with this 1 - Acre land 4900 sf building and 500k cash flow
Reason for Selling:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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