Local Landmark Restaurant
Location: South Carolina > Horry County > Myrtle Beach
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $450,000
Gross Revenue: $500,000
Gross Revenue Comments: Owner has a strong history of gross sales
Cash Flow: $100,000
Inventory: $5,000 (Included in Asking Price)
FF&E: $650,000 (Included in Asking Price)
Seller Financing: Seller financing is an option.
Business Summary
A local landmark and tradition for many tourists. Owner has spent $650,000 in upgrading and outfitting the restaurant. This business has a strong history and cash flow. Long term lease that will benefit the new owner. The 4,000 square foot building has plenty of parking. This is a turn key business in every sense of the word!
About the Business
Year Established: 1998
Employees: 5 full time - 3 part time
Facilities: A completely redone and updated facility. The building is pristine, spotless, and very attractive. The building also has plenty of parking available for customers.
Market Outlook and Competition: This is a local landmark and has carved out a niche in the tourist landscape.
About the Sale
Management Training and Support: The owner will provide two weeks of on-site training and support and two weeks of consulting.
Reason For Selling: The current owner has health issues that require selling.
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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.
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