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The Wall Street Journal Online

Award Winning Beaufort Breakfast and Lunch Cafe

Beaufort, South Carolina (Beaufort County)

 

Seller Financing Available

Photo Available
Asking Price:
$90,000
Gross Income:
$240,000
Cash Flow:
$50,000
EBITDA:
N/A
FF&E:
$90,000.00 *
Inventory:
$6,000.00 **
Real Estate:
N/A
Year Established:
2000
Employees:
3
Business Types:
Restaurants
Other Eating & Drinking Places

** not included in the asking price

* included in the asking price

Business Description

Nicely appointed restaurant with quality of life hours of operation and some catering with upward trending sales and $50k cash flow. Business could easily be expanded into evenings, or not, perfectly sound business as-is. Great location with plenty of parking.

Confidentially offered FOR SALE by Jay Kennedy of National Restaurant Properties, "The Restaurant Store."
Contact Jay for Non-Disclosure Agreement (NDA) to receive more info.

Detailed Information

Facilities:
1800 square feet with ample parking, good visibility from main road / highway. Below market lease at $1750 / month ($11.67 / sf).
Competition:
Nice niche market with quality of life hours of operation. Great location with loyal local following. As word-of-mouth continues, so does increase tourism flow.
Growth/Expansion:
Buyer could easily expand hours of operation, continue to grow catering business, and/or modify concept. Could also easily convert to other formats.
Financing:
Entertaining All Offers Including Owner Financing to a Well Qualified Buyer
Support/Training:
Negotiable and as needed up to 30 days maximum.
Reason Selling:
Wants to relocate out of area to be closer to growing family.
Contact Seller

Broker Information

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Business For Sale Listed By

Jay Kennedy
National Restaurant Properties
843-263-3576

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