Hot Listing

Rare Opportunity for a Thriving Business in a High Demand Location

Asking Price$2,400,000

Cash Flow
$658,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,100,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Rare Opportunity for a Thriving Business in a High Demand Location


Asking Price$2,400,000

Cash Flow
$658,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,100,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Busy, full-service restaurant and bar. Great visibility and access. Large outside covered patio. With nearby neighborhoods busting at the seams with young professionals and families, this area is incredibly popular and in demand with limited supply of commercial opportunities like this. Ask broker about expansion plans for the property.
Sales have continued to grow year over year for this business, great margins and a growth pattern that will continue to increase volume and reduce overhead.
About the Business
Years in Operation
14
Number of Employees
37
Facilities & Assets
Full-service restaurant and bar. Large outside covered patio, great visibility and access. Infrastructure includes hood system, 1000 gallon grease trap, walk in cooler, walk in freezer all in place. Full asset list provided with NDA.
Market Outlook / Competition
Booming business for this concept, Charleston continues to grow in population and this location and venue are in a prime area to capture the growth. Sales are increasing year over year.
Opportunities for Growth
Ask broker about building expansion plans
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
retirement
Transition Support
Negotiable. Seller will provide a minimum of 2 weeks of training for 40 hours per week
Financing Options
Financing dependent on overall purchase terms and financial quality of buyer
Listing Info
ID
2399073
Listing Views
395

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Business Listed by: Mandy Coleman National Restaurant Properties

Listing ID: 2399073 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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