South Carolina Award Winning Restaurant For Sale with $1M+ Sales!

Asking Price$360,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,513,429

InventoryNot Disclosed

FF&ENot Disclosed

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South Carolina Award Winning Restaurant For Sale with $1M+ Sales!


Asking Price$360,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,513,429

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Award Winning $1M+ Restaurant For Sale in a Premier Grand Strand Location

Rarely does an opportunity of this caliber become available in the Greater Myrtle Beach area. This is an exceptional opportunity to acquire a highly successful, award winning restaurant operation located in a 4,384 square foot freestanding building in one of the Grand Strand's most desirable and high traffic areas.

The Restaurant For Sale occupies a highly visible, freestanding location with excellent accessibility and ample on site parking. Positioned just off one of the area's major traffic arteries, the location benefits from approximately 26,000 annual average daily traffic counts and is only blocks from the Atlantic Ocean, beautiful beaches, and thousands of tourist accommodations. The surrounding area is also supported by a strong base of full time residents, including single family homes, condominiums, and apartment communities, creating an exceptional combination of year round and seasonal customer traffic.

From We Sell Restaurants, the current concept generates approximately $1 million in annual sales and has been recognized and voted "Best on the Beach" and among the area's best in multiple categories. The restaurant accommodates approximately 130 guests and features a highly efficient U shaped bar designed for streamlined service, along with a dedicated service line that facilitates quick and efficient food dispatch to customers.

The professionally designed commercial kitchen is built for efficiency and high volume operations and includes an impressive equipment package featuring a 20 foot exhaust hood with full fire suppression, an additional 9 foot hood, large walk in cooler and freezer, convection oven, 4 foot flat top grill, refrigeration prep units, stainless steel worktables, fryers, six burner gas range, smoker, efficient beverage station, commercial dishwashing area, POS system, multiple TVs, and extensive popular booth seating. There is simply too much equipment to list, and virtually no additional equipment would be needed for an operator to continue the existing concept or introduce almost any new restaurant concept.

The opportunity is being offered for less than one third of what it would cost to retrofit a comparable vacant space, making this an exceptional value for an experienced operator, restaurateur, or expanding concept. Hit the ground running with $1,000,000.00 in sales.

Adding further value is an excellent lease with approximately 11.5 years remaining, providing significant long term occupancy and stability in a proven location.

The Greater Myrtle Beach and Grand Strand region continues to rank among the fastest growing areas in the country, while Horry County is South Carolina's fastest growing county. The area offers an outstanding quality of life, including beautiful weather, 60 miles of beaches, excellent schools, a favorable tax environment, and a low cost of living.

This is a confidential, turnkey opportunity to acquire an established, award winning restaurant with approximately $1 million in annual sales, a fully equipped professional kitchen, exceptional visibility, strong tourism, and a growing year round customer base. Continue the proven concept or bring your own vision to this outstanding location. NDA required for additional information.

By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
About the Business
Years in Operation
3
Employees
12 (6 Full-time, 6 Part-time)
Facilities & Assets
Exhaust Hood, 20 feet long with Fire Suppression, Exhaust Hood. 9 feet long, Convection Oven, Grill, Flat Top 48” wide, 3 Countertop Steam Wells, Cook and Hold Oven., Countertop Oven, Slicer, Smoker, Walkin Cooler, 18’ by 7.5’, Walkin Freezer, 10’ by 6.5’, Grill, flat top 14” wide, 6 Burner Gas Range with oven under, Refrigerated Sandwich unit, 36” wide, Refrigerated Sandwich unit, 72” wide, Refrigerated Sandwich unit, 60” wide, Steam Table, Holds 4 Full Sheet Pans, 2 Fryers 16” wide, 3 Hand Wash Sinks, Serve Ware Countertop Oven, ...
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Super location with great visibility. High growth market in the fastest growing County in South Carolina.
Opportunities for Growth
Open Sunday and later at night to catch later customers.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,384
Rent
$9,501 per month
Lease Expiration
1/31/2028
About the Sale
Seller Motivation
Other
Transition Support
2 Weeks
Listing Info
ID
2532697
Listing Views
2

Listing ID: 2532697 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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