Charleston Iconic Restaurant & Bar

Asking Price$2,975,000

Cash Flow
$850,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,000,000

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Charleston Iconic Restaurant & Bar


Asking Price$2,975,000

Cash Flow
$850,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,000,000

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Charleston Iconic Restaurant & Bar: Established for decades this business is beloved by generations with their casual fare, extensive drink options and live entertainment. Throughout the pandemic and recent challenging times this one seems to thrive with upward trending sales peaking in 2024 at $4M+. Excellent cash flow projected to be $800K+ and long-term lease in place. This property has a seating capacity of up to 300 including a large outdoor area and a private event space. The building and assets have been well maintained and renovated. This business will thrive for many more decades. Sellers are ready to pass the torch and retire. Contact Tim Hagar for additional information and qualification.
About the Business
Employees
50
About the Sale
Seller Motivation
seller is retiring
Transition Support
negotiable
Listing Info
ID
2326452
Listing Views
1296

Contact Seller

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Business Listed by: Tim Hagar National Restaurant Properties

Listing ID: 2326452 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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