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Money Making Waterfront Bar

Myrtle Beach, South Carolina (Horry County)

Retail - Bars/Taverns | Retail - Restaurants

Asking Price $180,000 Inventory $4000** 
Gross Income $500,000 Real Estate  
Cash Flow Not Disclosed Year Established 1989
FF&E $5000* Employees N/A

* included in the asking price

** not included in the asking price

Calling all Parrotheads! One look at the view from the bar or back deck of this place and you will be hooked. Sit on the deck sipping a margarita and watch the boat traffic and you will see why this is a money maker. The owner took it over last summer and built the business from less than $20,000 per month to an average of $50,000. In May it did $60,000 and summer is just starting. The seller has a tiger by the tail and is getting burned out. It has a million dollar view without a million dollar price tag. The main dining room has a long bar with picture windows all around. It also has an outdoor deck with outside bar overlooking the intercoastal waterway. There is room for a streetside outdoor dining area as well. Small enough for a couple to run, but large enough to make money, this place is ideal. There is a small note from the former owner that could possibly be assumed. Don't pass up the chance to own the perfect bar in paradise.

Facilities: 1600 s.f. free standing building right on intercontinental waterway

Competition: In tourist mecca. Several festivals heald yearly

Financing: Possible loan assumption from previous owner

Support/Training: 2 weeks

Reason Selling: Burnout - Too many hours

Business listed by

Jim Bunting

843-655-9626


National Restaurant Associates


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