Restaurant for sale with real estate

Walterboro, SC
Colleton County


Asking Price: Annual Revenue:
$3,195,000 $2,216,443

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for sale with real estate Broker: Bernie Bastian

Quick Facts

Asking Price: $3,195,000
Annual Revenue: $2,216,443
Net Profit: Not Disclosed
Cash Flow: $313,636
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 50
BBN Listing #: 95498096
Broker Reference #: 9434

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Business Overview:

Incredible $500k Trending Cash Flow - Restaurant for Sale with Real Estate and Full Liquor License. Approaching 2.5 Million in Sales on Outstanding 2022 trending cash flow. Near Charleston South Carolina, this is a high-volume sit-down eatery and bar with a desirable easy-off-exit interstate location and little to no competition. Sales growth over the past two years = 68% and 73% 2020-2022 YTD! A popular menu of this Restaurant for Sale with Real Estate includes light bites, salads, sandwiches, burgers, and entrées including seafood, steaks, pasta, and more. A seasonal and standard drink menu keeps locals coming back for after-work and weekend down-time. Both a reliable community favorite and interstate traveler go-to. 4986+/- sf of interior space with 155 seats plus 2217+/- sf of covered outdoor dining with 40+ seats provide tremendous capacity for events. Large paved parking lot with 52 spaces including three designated as handicapped. The restaurant brokers at We Sell Restaurants is proud to offer this restaurant for sale with real estate. This is a one-of-a-kind opportunity to buy into a fully furnished sit-down Restaurant for Sale with Real Estate in the newest shopping center at the convenient retail end of town. Zoned for intensive uses that benefit from locations adjacent to major interchanges, and for facilitating commercial activity directly related to through traffic. This prime location with huge future development potential won't be on the market long, so act fast! Built new in 2016, this Restaurant for Sale with Real Estate is complete with turn-key operations — all furniture, fixtures, equipment and decor; an easy concept takeover, or add your ideas to make it your own. The commercial kitchen includes a a 20' hood system, cook-top/grill, walk-in cooler, freezer, custom-built bar, and so much more. Positive online reviews are a testament to the quality and reputation. Pocket revenue trending over $500,000 from the proven-concept restaurant and bar while building equity in the real estate; a formal appraisal in July 2021 valued the land and building alone at $2,120,000! There is no landlord or lease to worry about negotiating, or paying rising CAMs you can't control. This is the perfect opportunity for an experienced owner-operator, or as an addition to your growing restaurant and real estate investment business. Outstanding revenue and profits for a Restaurant for Sale with Real Estate in a prime location near popular Charleston, SC — voted the #1 City to Visit in the U.S. by Conde Nast readers for the 11th year. Contact us today to be in business for yourself tomorrow while enjoying one of the most desirable Lowcountry cities in the south. Register and sign our online Confidentiality Agreement today on this Restaurant for Sale with Real Estate and one of the Charleston Team's brokers will reach out with instructions to submit your Proof of Funds. You'll then be eligible to see all the details including the name, address, and photos.

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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

Reason for Selling:

Relocation

Additional Details:

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

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