Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$195,000	Inventory	$2,500*
Gross Income	230,498	Real Estate
Cash Flow	$105,198	Year Established	N/A
FF&E	$53,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This is a pizza restaurant and grill located Oceanside in the heart of Myrtle Beach s bustling tourist trade. From the restaurant s front door, you can see the ocean. This part of the beach is populated with numerous hotels, motels and bars as well as a wide variety of retail shops. Their foot traffic is extremely high since the restaurant is across the street from the Family Kingdom Amusement and Water Parks, two major tourist attractions. This is a walk to and around section of the Beach. The Ocean Blvd sidewalks remain crowed from mid-morning until the early hours of the next day with tourists coming to and going from the beach, their lodging, or souvenir/sightseeing trips. The hours that the restaurant is open fluctuate. In the winter season the restaurant is open when the Beach is busy, giving owners some time to kick back or pursue other activities. In addition to attracting new customers, many patrons return year after year. This restaurant is a Myrtle Beach tradition. The menu includes1/2 lb Angus burgers, hot dogs, subs, sandwiches, gyros, wings and fries as well as pizza and ice cream. The current owners work in the restaurant. Owner Cash Flow is extremely high (45% of sales), and 82% of the sales are in cash. Obviously, the metrics of this business are at their peak for an owner/operator, but with this type of cash flow, there is room for an on-site manager if the new owners are partially absentee. The lease is a true bargain at only $2,500 per month and extends through 2016. The owners will provide financing for this business because they understand the cash flow.

Facilities: Fully equipped kitchen. Lease is only $2,500 per month and locked in for 7 years

Competition: This spot has been a restaurant for over 30 years and is a cash cow for the owner.

Growth/Expansion: Could add breakfast as well as beer and wine.

Financing: The sellers will finance the purchase

Support/Training: The sellers will assist in a smooth transition and the staff is fully trained.

Reason Selling: Sellers are moving