| Asking Price |
$700,000 | Inventory |
$5000** |
|---|---|---|---|
| Gross Income |
$350,000 | Real Estate |
$550,000* |
| Cash Flow |
$100,000 | Year Established | 1988 |
| FF&E |
$150,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
This is one of the most popular restaurants in Beaufort, with some of the most loyal locals flocking there on a regular basis, but only 2 days a week. Could easily expand hours and catering services in this 3200 Sq. Ft. Building that is for sale well below replacement value at $550,000. Business $150,000 which could be one years cash flow.
Facilities: Upfitted just 6 years ago at a cost of $200,000. Strip mall in the business center of Beaufort. Right off of main highway. Also near new and established residential neighborhoods. 3200 sq. ft. with 132 seats
Competition: Few restaurants can claim 20 years and still pump out around $4500 a day in sales. There are a few competitors in town, but none as successful.
Growth/Expansion: Could easily open more hours. Currently on open Friday and Saturday from 11-8. Easily could open Thursdays and Sunday Brunch and still have half of the week off. There have been many requests for more hours.
Financing: Prefer not, but negotiable
Support/Training: Yes, as needed. Very well established business. A local favorite for 20 years!
Reason Selling: Retirement

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