Thriving Restaurant in Coastal South Carolina
Business Description
Thriving Restaurant in Coastal South Carolina
Located on a high-traffic corridor in Pawleys Island, this long-standing, independently owned restaurant has been serving the community and visitors alike for over two decades. With a reputation built on warm hospitality, reliable service, and a welcoming atmosphere, it has become a trusted fixture in the area’s dining scene. The property enjoys prime visibility along Ocean Highway, with strong curb appeal, ample parking, and convenient access for both locals and tourists traveling along the Grand Strand.
The interior features spacious, comfortable dining areas that blend coastal charm with practical functionality. The layout supports efficient service and flexible seating arrangements, making it suitable for everything from casual meals to group gatherings. The fully equipped commercial kitchen has been well maintained, and all equipment and fixtures are included in the sale, offering a true turn-key opportunity. The business is currently operating with a seasoned staff and a consistent flow of loyal patrons, contributing to strong, steady revenue throughout the year.
This is an ideal investment for a restaurateur or entrepreneur looking to acquire a profitable, established operation in one of South Carolina’s most desirable coastal markets. With opportunities to expand hours, enhance marketing, or introduce new concepts, the business holds untapped growth potential. Whether you're seeking a lifestyle change or an addition to your portfolio, this property presents a rare chance to own a respected dining establishment in a vibrant, fast-growing community.”
This established American restaurant presents an exceptional turnkey opportunity in beautiful Pawleys Island, South Carolina. Operating successfully since 2005, this independently owned dining establishment has built a loyal customer base and strong reputation over nearly two decades of continuous operation.
FINANCIAL PERFORMANCE:
• Annual Revenue: $845,794
• Asking Price: $475,000
• FF&E Value: $224,864
• Inventory Value: $10,000
• Strong revenue performance in competitive coastal market
LOCATION & FACILITY:
• Prime location on high-traffic Ocean Highway corridor
• 3,454 square feet of well-designed restaurant space
• Excellent visibility and ample parking
• Lease rate: $5,500/month through March 31, 2033
• Spacious dining areas with coastal charm and practical functionality
• Fully equipped commercial kitchen included
OPERATIONS:
• Currently serves breakfast and lunch
• Experienced team of 20 employees, many long-term
• Existing liquor license provides immediate expansion opportunity
• Consistent year-round customer flow from locals, retirees, and tourists
MARKET ADVANTAGES:
• Serves community of 16,000+ permanent residents plus seasonal visitors
• Strong golf tourism with nine area courses
• Limited breakfast competition - only 4 breakfast restaurants in area
• Located in desirable Grand Strand market
GROWTH OPPORTUNITIES:
• Expand operating hours to include dinner service
• Develop beer and wine program using existing license
• Enhanced marketing initiatives
• Capitalize on growing coastal tourism
The sellers, who own other Myrtle Beach businesses, will provide agreed-upon transition support. With its established operations, prime location, experienced staff, and expansion potential, this restaurant represents an ideal investment for entrepreneurs seeking a profitable dining establishment in South Carolina's thriving coastal market.
Located on a high-traffic corridor in Pawleys Island, this long-standing, independently owned restaurant has been serving the community and visitors alike for over two decades. With a reputation built on warm hospitality, reliable service, and a welcoming atmosphere, it has become a trusted fixture in the area’s dining scene. The property enjoys prime visibility along Ocean Highway, with strong curb appeal, ample parking, and convenient access for both locals and tourists traveling along the Grand Strand.
The interior features spacious, comfortable dining areas that blend coastal charm with practical functionality. The layout supports efficient service and flexible seating arrangements, making it suitable for everything from casual meals to group gatherings. The fully equipped commercial kitchen has been well maintained, and all equipment and fixtures are included in the sale, offering a true turn-key opportunity. The business is currently operating with a seasoned staff and a consistent flow of loyal patrons, contributing to strong, steady revenue throughout the year.
This is an ideal investment for a restaurateur or entrepreneur looking to acquire a profitable, established operation in one of South Carolina’s most desirable coastal markets. With opportunities to expand hours, enhance marketing, or introduce new concepts, the business holds untapped growth potential. Whether you're seeking a lifestyle change or an addition to your portfolio, this property presents a rare chance to own a respected dining establishment in a vibrant, fast-growing community.”
This established American restaurant presents an exceptional turnkey opportunity in beautiful Pawleys Island, South Carolina. Operating successfully since 2005, this independently owned dining establishment has built a loyal customer base and strong reputation over nearly two decades of continuous operation.
FINANCIAL PERFORMANCE:
• Annual Revenue: $845,794
• Asking Price: $475,000
• FF&E Value: $224,864
• Inventory Value: $10,000
• Strong revenue performance in competitive coastal market
LOCATION & FACILITY:
• Prime location on high-traffic Ocean Highway corridor
• 3,454 square feet of well-designed restaurant space
• Excellent visibility and ample parking
• Lease rate: $5,500/month through March 31, 2033
• Spacious dining areas with coastal charm and practical functionality
• Fully equipped commercial kitchen included
OPERATIONS:
• Currently serves breakfast and lunch
• Experienced team of 20 employees, many long-term
• Existing liquor license provides immediate expansion opportunity
• Consistent year-round customer flow from locals, retirees, and tourists
MARKET ADVANTAGES:
• Serves community of 16,000+ permanent residents plus seasonal visitors
• Strong golf tourism with nine area courses
• Limited breakfast competition - only 4 breakfast restaurants in area
• Located in desirable Grand Strand market
GROWTH OPPORTUNITIES:
• Expand operating hours to include dinner service
• Develop beer and wine program using existing license
• Enhanced marketing initiatives
• Capitalize on growing coastal tourism
The sellers, who own other Myrtle Beach businesses, will provide agreed-upon transition support. With its established operations, prime location, experienced staff, and expansion potential, this restaurant represents an ideal investment for entrepreneurs seeking a profitable dining establishment in South Carolina's thriving coastal market.
About the Business
- Years in Operation
- 20
- Number of Employees
- 20
- Facilities & Assets
- The restaurant and location is stunning! The restaurant is located on US 17 (Ocean Highway) that enjoys 41,000 vehicle trips/day. The restaurant is a 3.454 sq. ft. facility. The floorplan attached to the listing. There is ample parking around the restaurant. There are two main dining rooms, one can serve as a breakout room for meetings and special events. Outside seating is also available as weather dictates. The restaurant is turnkey, being fully furnished with a full-service kitchen. The cost value of the FF&E is over $240,000.
- Website
- https://applewoodhouseofpancakes.net/
- Opportunities for Growth
- Currently operate only breakfast and lunch, expansion is possible in the hours also there is a current liquor license that will reduce the time a new owner can qualify and the bear and wine business can be expanded
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,454
- Rent
- $5,500.00 per month
- Lease Expiration
- 3/31/2033
About the Sale
- Seller Motivation
- Have other businesses in Myrtle Beach the owners want to concentrate on.
- Transition Support
- The owners will offer support to the new owners as will be agreed in the purchase agreement. Many of the employees have worked at the restaurant for several years making the transition very easy.
Listing Info
- ID
- 2392443
- Listing Views
- 333
Attached DocumentsAttachment Disclaimer
Listing ID: 2392443 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.