Profitable Steak & Seafood Restaurant

Santee, SC
Orangeburg County

Santee, SC


Asking Price: Annual Revenue:
$499,000 $1,542,585

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Steak & Seafood Restaurant Broker: Trent Lee
License #: S.0183611.LLC
Owner Financing is Available!
$150,000 down payment with balance paid over 48 months at 6% interest.

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,542,585
Net Profit: $244,150
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 19
BBN Listing #: 81505142
Broker Reference #: 101-20814

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Business Overview:

Established nearly 15 years ago, this is a very well know dinner restaurant in the area. Seller is offering 50% seller financing, alternatively, SBA has pre-approved the business for only 10% down. You could purchase, for $75,000 down a profitable business netting over $244,000 per year. You wont find a better return than this if you have experience in the restaurant industry. Support and Training will be outstanding ensuring a smooth transition. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).

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:

This is a leased location of 4,500 square feet with a Total Rent of $5,000. Seller is active in the business with 19 Full Time employees. Hours of operation are 2-10PM Mon; 5-9 PM Tuesday - Sunday. $5,000 in Inventory and $20,000 in FF&E included in Asking Price. $150,000 made in Leasehold Improvements. Beer, Wine, & Liquor including Sunday License Required.

Reason for Selling:

Seller is retiring.

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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