Popular Restaurant Near Beach Sales $1,000,000+

Georgetown County, SC

Italian Restaurant & Bar
Contact Seller

Asking Price: $950,000

Cash Flow: $159,498

Gross Revenue: $1,011,167


FF&E: $169,500

Inventory: $15,000

Real Estate: $500,000

Established: 2012

Popular Restaurant Near Beach Sales $1,000,000+

Save Print Share Valuation Report

Business Description

This Italian restaurant and sports bar with pizza has sales $1,000,000+ to locals and tourist in this Ocean side city. It is located on a commercial road with a nearby regional shopping mall with a $50,000 tall sign out front. This extremely clean restaurant serves appetizers, Salads, grinders, pasta, entrees, pizza, stromboli calzones. desserts, beer, wine and cocktails.

This restaurant opened 2012 and has been a family friendly place ever since. The sports pub has 14 draft beers on tap and 20 plus TV’s

Located in a 7,000 square foot building there is seating for 200.

The restaurant is for sale for $450,000. Buyer must also acquire the ground lease for $500,000. Then buyer will then be responsible only for taxes on real estate for next 28 years with no rent, increasing profit by over $50,000.

Real property represented by ENLIGN Commercial
2009 Caminos Drive, Raleigh, NC 27607,

Detailed Information

Georgetown County, SC
Included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The standalone restaurant is located on 1.8 acres with 7,000 square feet of space. It is located on the main highway in a tourist area with a $50,000 very high sign. Buyer of the restaurant must also exercise the option to acquire the ground lease for the remaining 28 years.
Since this location is on a busy highway in a tourist area there are many restaurants. None nearby that have a menu that is extensive as this restaurant with seating for 200.
Growth & Expansion:
The business has been growing organically about 6 to 7% each year.
Support & Training:
The owner will give 40 hours of training over 30 days to insure a successful transition
Reason for Selling:
The owner owns another restaurant which requires his time.
Contact Seller

Contact the Seller

Contact Seller Loading

George Bradbury

Business Listed By:
George Bradbury

ENLIGN Business Brokers

Show Phone Number

View My Listings

Sponsoring Broker:
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Listing Statistics

Saved This Listing:
Days Active On Site:
Appeared in Search:
Listing Detail Views:

Ad#:1618250 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings


Franchise Opportunity
Cash Required: 282500