Charleston Restaurant for Sale ready to run

Charleston, SC
Charleston County


Asking Price: Annual Revenue:
$114,950 $115,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Charleston Restaurant for Sale ready to run Broker: Bernie Bastain

Quick Facts

Asking Price: $114,950
Annual Revenue: $115,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 81788096
Broker Reference #: 9004

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Business Overview:

With gross monthly sales averaging $32,500 per month, you have a great opportunity to purchase this turn-key space and be in business next month. This restaurant for sale is the perfect way to bring your idea into reality, or continue with the seller's Cajun seafood concept. With nearly $400k in sales a year, the current owner has developed a strong customer base and loyal following. Grow sales from the current concept by extending the current hours into the evening and weekends; you can also enhance the menu with unique dessert offerings. Or partner with a local pastry chef and let their treats tempt your customers while profiting on the add-on sale. You CAN make your restaurant DREAM COME TRUE with the right vision and drive. This is a fully equipped Restaurant for Sale ready for a new owner; two full weeks training by the current chef is available. With trained food prep, low rent, and a well-established high traffic shopping plaza, this immaculate space is your opportunity knocking! The fully equipped kitchen comes with a hood system, fryer, grease trap, 4-burner gas cooktop, stainless prep table, stainless refrigerated reach-in, walk-in cooler. Moreover, the space provides 2200 square feet of potential and 50 seats are available inside to serve your vision. Monthly rent is $3,150, including CAMS, Taxes and Insurance. The lease term has 2-1/2 years remaining with two 5-year options. Lending may be available if you have strong credit. In addition to the turn-key space, the surrounding Charleston area offers an excellent location near major interchanges. Considered one of the most beautiful cities in the country, Charleston is frequently voted a top travel destination by USA Today, Condé Nast, and Trip Advisor. The international airport is serviced by a dozen airlines with non-stop service from major cities nationwide; nearly 1-million passengers were served in Q1 2022. The metro region covers 3,163 square miles with a population of 800,00+ people; an average 33 new residents move to the region daily. Nearly 8 million visitors tour Charleston annually with an economic impact of $8+ billion. Primary audiences reached through print, web, and social media include Millennials, Gen X'ers, and younger Boomers. The majority are college-educated and financially established; most are primary home owners with many also owning vacation homes. 30%+ earn over $75,000 and 55%+ over $100,000. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer. Skip all the hassle and cost of starting from scratch by opting to purchase this existing 2nd gen restaurant space. Call to draft your offer today and be in business tomorrow!

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Property Features and Assets:

5 formica top booth tables, each with opposing molding benches 1 picnic table 2 four top tables 10 chairs Check out counter Register Credit Card processing machine Drink cooler 2 Menu wall mounted signs Coffee pot 9 bin storage behind check out Hood system Fryer Grease trap 4 burner gas cooktop Stainless Prep table Stainless Refrigerated Reach in Microwave 1 wire pantry shelf 3 chest freezers Walk in cooler Hot Water heater Dishwashing Station (leased equipment) SS Triple Sink Cooking pots and pans Prep knives Prep bowls Cutting Boards Plates, Bowls, Cups Flatware (fork, knife, spoon sets) 2 Fire Extinguishers Surveillance Camera

Market Competition and Expansion:

Loyal customer base; 2-weeks full time owner training; easy food prep; turn-key opportunity.

Reason for Selling:

Relocation

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.

Relevant Links:

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