Seller's Contact Information
- RE: 30% Owner Benefit Restaurant For Sale
- Contact: Bernie Bastian
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $357,188 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $107,766 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 20087 | |
| Employees: | 4 | |
| BBN Listing #: | 68108096 | |
| Broker Reference #: | 9917 |
Business Overview:
It's your time to tap serious growth opportunity: Six figure cash flow Restaurant Bar for Sale with 5-day, dinner only service, $70 average ticket sales per head and low all-in rent of only $2500/month. Expand the service hours and offerings and you've got the ingredients for phenomenal sales and take-home profit growth. Quaint Charleston bedroom community. Strong 10 year established customer base. This Restaurant Bar for Sale is one of the few true sit-down dining establishments in the community. A full liquor license supports the potential for future roof-top bar expansion. With easy access within 3 miles of I95, it has become a favorite stopover for travelers who want reliable, friendly service with an authentic Italian meal. Keep the current successful concept or adapt to your own; the choice is yours as the restaurant and real estate owner. The fully equipped commercial kitchen in this Restaurant Bar for Sale by We Sell Restaurants includes 15' vent hood, cook top with 12 burners, double ovens, griddle, refrigeration/freezer, reach-ins, prep tables and essentials, and more. The commercial zoned brick building has operated as a successful community restaurant for two decades and was renovated in 2010. The dining room and bar seat up to 47 within it's charming 1,796 /- square foot interior. The current owners offer only dinner service, 5-days/week; add weekend brunch/lunch service, later evening entertainment, special events, and more for fantastic growth opportunities! This Restaurant Bar for Sale opportunity is perfectly positioned to benefit from the rapidly expanding battery manufacturing businesses, which are 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.' That translates to restaurant security too. All those business owners, workers, and home owners want a reliable place to dine out, entertain, and celebrate special times. The sizable businesses and developments surrounding this Restaurant Bar for Sale include the new green energy gold rush 'Battery Belt' along with DR Horton's multi-acre residential homes, DHL Headquarters, Walmart's 3M sq ft distribution center, Redwood's Battery Materials Campus, Port 95 Business Park and adjoining 1,300-acre Industrial Park, and more. Interested in being your own landlord? See the same Restaurant Bar for Sale including the real estate here. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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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.
Market Competition and Expansion:
Tourism chamber heavily promotes the historic downtown location. Full liquor license provides untapped happy hour, brunch, evening entertainment, special events, and other creative opportunities.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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