Restaurant and Lounge with Strong Local Following!
Location: South Carolina > Horry County > Little River
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $235,000
Gross Revenue: $210,781
Cash Flow: $55,000
Inventory: $10,000 (Not Included in Asking Price)
FF&E: $95,000 (Included in Asking Price)
Seller Financing: The seller will consider financing options.
Business Summary
Opened in 2004, this Café and Lounge has become a favorite dinner spot for locals who come to the Bistro to enjoy a wide selection of traditional Italian dishes. On Thursday, Friday and Saturday evenings, the Café has live entertainment in the Lounge area featuring jazz selections. The Café is located in Little River South Carolina, one of the oldest and most unique towns along the greater Grand Strand. Little River is about twenty miles north of the center of Myrtle Beach. Visitors and Residents alike share unique atmosphere of this quaint fishing village.
With two Las-Vegas-Style casino gambling boats now docked in Little River, both locals and tourists flock to the waterfront twice a day for world-class casino gambling excursions into international waters where gambling is legal. (For more information on the Little River Community, visit their website at www.littleriversc.com). The restaurant features a wonderful kitchen with two ranges, two fry stations, a twelve foot stainless steel hood/Ansel system as well as a Hobart Dishwasher. The restaurant is only open thirty-five hours per week and demonstrates consistent yearly revenue growth. They have an excellent reputation for quality food and service that is reflected in their top line sales. Their staff which includes a chef, fry cook, wait and service personnel are willing to stay in place.
About the Business
Year Established: 2004
Facilities: Wonderful lease in a prime location.
Market Outlook and Competition: New owners should evaluate the opportunity of extending the evening hours and opening for lunch.
About the Sale
Management Training and Support: The seller will assist with a smooth transition.
Reason For Selling: The seller is retiring.
Attached Files - Attachment Disclaimer
Beautiful Bar and Lounge Area - Locals enjoy live jazz selections in the bar on Thursday, Friday and Saturday evenings.144 KView | Download

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BizQuest ID:917781
Business Listed By
Name:Pamela Atherton
Company:GSBB Services LLC
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.