Hot Listing

Beach Oriented Bar and Grill

Asking Price$1,500,000

Cash Flow
$500,000

EBITDA$500,000

Gross Revenue$1,550,000

Inventory$12,000
Included in asking price
FF&E$250,000
Included in asking price
kitchen
Outside covered seating
outdoor bar with music
interior
outside bar #2
interior bar
kitchen
Outside covered seating
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Hot Listing

Beach Oriented Bar and Grill


Asking Price$1,500,000

Cash Flow
$500,000

EBITDA$500,000

Gross Revenue$1,550,000

Inventory$12,000
Included in asking price
FF&E$250,000
Included in asking price
Business Description
Upscale Casual restaurant seating 150 within 100 yards from beach
Well established Bar and Grill featuring Pizza, Pasta, Salads, and Seafood Entries. This 3800 square foot restaurant has an open kitchen with a Woodstone Oven looking out over inside seating for 75. Established in 2011, the company has been profitable and growing since year one. The location is in the prime tourist area of Hilton Head Island drawing vacationers within walking distance from their oceanfront condo's. In addition to the comfortable upscale seating indoors are our three distinct patio areas surrounding the building. There are two outside bars servicing outdoor dining customers and take out customers walking to the most popular beach on the Island. The small boutique shopping center features retail shopping with two restaurants that are non competing. Live music is scheduled in season for 12 weeks through Labor Day. The company enjoys the security of an 18 year lease that will remain as to length of time with some adjustments made to rents and taxes to a new tenant. With primary costs of food, alcohol, and labor never over 55 %, the company is well positioned to consistently return 25%- 30% to ownership. In March 2025 the company expanded to a second location 25 miles inland to a rapidly growing community of Bluffton South Carolina. This location is not included in the offering by the owners but would possibly be open to future option to purchase. Reason for sale is one partner is preparing for retirement.
About the Business
Years in Operation
14
Employees
20
Facilities & Assets
All kitchen equipment to include woodstone pizza oven, gas oven, salamander, 3 fryers and grill. All refrigeration included. Two dishwashers. All furniture and fixtures both inside and out. There is 18 years left on current lease which is 24 sq foot. Parking for center in place 70 spots.
Market Outlook / Competition
This is one of the best locations closest to the busiest beach on Hilton Head. We are right on the beach walk where hundreds of potential customers walk by our restaurant. Season is generally described as March thru Labor day with a strong shoulder season thru October.
Opportunities for Growth
We have discussed adding a brunch offering seasonally to take advantage of the existing demand but have not moved forward because a lack of existing management. We currently close 9-10 but with different business model could offer late night food and beverage.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,800
Rent
$7,029.00 per month
Lease Expiration
1/1/2039
About the Sale
Seller Motivation
One of two owners preparing for retirement
Transition Support
To be discussed. Generally will provide whatever buyer is interested in.
Financing Options
cash
Listing Info
ID
2376048
Listing Views
2383
Business Location

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Business Listed by: Bruce kimball

Listing ID: 2376048 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. See our full Terms of Use. Learn how to avoid scams.


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