Waterfront Restaurant with amazing view

Asking Price$349,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$25,000
Not included in asking price
FF&E$350,000
Included in asking price
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Waterfront Restaurant with amazing view


Asking Price$349,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$25,000
Not included in asking price
FF&E$350,000
Included in asking price

Seller Financing Available
Business Description
Turn key restaurant with Al Fresco dining. Voted a top ten scenic restaurant in South Carolina via OpenTable. Concept can be retained but name will need to be changed and not included in purchase. Leased property. Lease can be extended. NNN lease. With full purchase price receive 3 mos of paid lease.

Building has two floors, over 7,261q ft and another 3,000+ sq ft of decks/patios. Seating for 380. 3 bars, entertainment stage, full kitchen and 2 stone ovens, elevator, sprinkler system, distributed audio/video system and much more. All located on just under 1 acre of waterfront property and close to beaches in the heart of the tourism area.

Purchase includes everything under roof. Staff can be retained. FF&E replacement value over $500K.
About the Business
Years in Operation
5
Number of Employees
35
Facilities & Assets
Stand alone building on approx. 1 acre. 69 parking spaces (plus additional lease parking areas) for 100+ spots.

FF&E list provided with NDA.
Market Outlook / Competition
Unique property. No other property available in Horry county like it. Perfect for seafood based restaurant.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,261
Rent
Not Disclosed
Lease Expiration
1/1/2031
About the Sale
Transition Support
some may be provided as negotiated
Financing Options
Seller may consider some financing
Listing Info
ID
2391310
Listing Views
258

Contact Seller

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Business Listed by: Terry D Walden Revenue Avenue

Listing ID: 2391310 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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