Classic Beach "C" Store only 100 yards to the Ocean!1

Garden City Beach, SC (Horry County)

Seller Financing Available
Classic Beach

Asking Price:$150,000

Cash Flow:$80,000

Gross Revenue:$450,000

EBITDA:$80,000

FF&E:$10,000

Inventory:$30,000

Lease Rate:$0.80 /Year

Established:1959

Classic Beach "C" Store only 100 yards to the Ocean!1

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Business Description

Located close to the beach in a great Neighborhood!! Great Business for over 50 years! Clean books by a meticulous owner. Generations of success can be yours!! Great money maker with low rent. Store has been brightened and updated including new paint, floors compressors and more! Not a cleaner nicer store anywhere AT ANY PRICE!!. You will not be disappointed. Take advantage of his incredible opportunity to own a historic beach-side gem! Lots of room to expand including new product lines and adding Lottery! An incredible opportunity with owner financing possible!!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
8/1/2020
Employees:
2 ft, 6pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,200 square feet of space, including 13 door beverage cooler, full display case and prep area, 140 4-foot shelves, multiple refrigeration and freezer units, state-of-the-art POS and inventory system, full HD surveillance, and much, much more. Leased building with low monthly rent includes private parking.
Competition:
This fully stocked grocery store nd deliThis fully stocked grocery store is the only store providing a full range of products, including beer, wine and tobacco, in one of the areas busiest beach locations. Located only 100 yards from the beach,
Growth & Expansion:
A new owner could expand operating hours by 30% or more.
Support & Training:
2 weeks of training included with the sale. Owner will also do a complete transition to ensure your success. .
Reason for Selling:
Retirement

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Ken Neathery

Business Listed By:
Ken Neathery

Sunbelt Business Brokers

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