#1 Waterfront View-Cash Cow

Georgetown, SC (Georgetown County)

Seller Financing Available
#1 Waterfront View-Cash Cow

Asking Price:$1,295,000

Cash Flow:$250,000

Gross Revenue:$1,300,000





#1 Waterfront View-Cash Cow

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Business Description

Just voted #1 waterfront view in South Carolina. Waterfront Cash Cow with 23 years left on new 25 year lease.(worth a million alone) $6050 a month all in. Fantastic management in place, The best kitchen staff.anywhere on the coast. $5,000 lunches are a breeze
Lots of big screen tv's 70" 80" and the best sports viewing around.
2nd kitchen available we haven't put into use.
also $10,000 permits and plans all in place to build 5500 square foot 2 story deck. Would make this even more of a landmark than it already is.
This is the Flag Ship restaurant to a total of 3

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
6000 square foot inside. 2000 patio 2 kitchens, 3 bars. $300,000 FFE package 2 years ago. 4 walk in coolers. Only private parking lot on the boardwalk
only complementary businesses in the area. Nothing compares on the boardwalk. We do very little marketing. 2 billboards. So much more could be done
Growth & Expansion:
Concept has legs. This was the 1st of what is now 3.
I'll help. Very flexible
Support & Training:
Whatever is needed
Reason for Selling:
My others are run by managing partners. This one just me. Time to retire
Business Website:

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Business Listed By:
Michael Miller

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