This is a rare opportunity to acquire an established full-service restaurant and bar operating in one of the Southeast's most sought-after beach tourism markets on the South Carolina coast. The business holds three combined commercial units in a high-traffic, tourism-anchored retail destination — a location that would be virtually impossible to replicate at today's market rates.

Financial Highlights:

Asking Price: $1,600,000
2024 Revenue (Peak Year): $1,562,338 | Recasted SDE: $628,793
2023 Revenue: $1,740,537
3-Year Average Revenue: $1,557,330
Gross Margins: 73%–77% — well above the national full-service restaurant average of ~65%
At $1.5M revenue, owner-operator SDE exceeds $411,000

In 2024, the business generated $628,793 in recasted SDE on $1.56M in revenue.

A Below-Market Lease Worth $135K–$407K. The business holds a long-term lease through October 2032 with two 5-year renewal options at $7,024/month — approximately $21/SF. Comparable beach-market restaurant space currently trades at $35–42/SF. The present value of that rent savings ranges from $135,000 to $407,000 and is not reflected in any SDE multiple. This is a distinct, quantifiable asset that transfers to the buyer.

Exclusive Rights Competitors Can't Touch. The lease grants the only pizza exclusivity in the property — no competitor can move in next door and undercut the core concept. This is a protected market position in a premium coastal tourism destination.
Business Strengths:

Proven location with consistent foot traffic driven by beach tourism — multiple economic cycles survived

Full liquor license (beer, wine, and hard liquor) in place

6+ years remaining on lease plus two 5-year renewal options; auto-renews unless 90-day notice given
Assignment clause explicitly protects buyer transfer — landlord consent cannot be unreasonably withheld

Core operational KPIs — food cost, liquor cost, labor ratios — held consistent across all three years despite revenue volatility

Balance sheet liquidity: $193,524 in cash as of year-end 2025

Seller financing available — demonstrates seller confidence in forward performance

On 2025 Revenue: 2025 revenue of $1.37M was below the business's historical band, driven by documented macro headwinds that compressed discretionary tourism spending across the coastal Southeast. Gross margins held at 73.4%, operational KPIs remained stable, and the business averaged $1.56M in the prior year. This is a revenue challenge, not an operational one — and the path back to $1.5M adds over $95,000 in SDE.

What's Included: Business goodwill and going concern, full liquor license, all vendor and supplier relationships, lease assignment with exclusive pizza rights, existing FF&E (including walk-in freezer, bar coolers, and dish machine), customer relationships, and branding.

Seller financing available. All inquiries require a signed NDA. Financials and additional documentation provided to qualified buyers only.