Price Reduced!! Casual Fast Food Positive cash flow

Surfside, SC (Horry County)

Seller Financing Available
Profitable Casual Food
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Asking Price: $84,900

Cash Flow: N/A

Gross Revenue: $152,000

EBITDA: N/A

FF&E: $25,000

Inventory: $2,000

Rent: $1,785 /Month

Established: 2009

Price Reduced!! Casual Fast Food Positive cash flow

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Business Description

Price reduced for quick sale. Casual food restaurant for sale. Year round business caters to locals and has a busy tourist season. Great location. Minimal costs to run business. Many areas to expand for higher sales. Owner wants to retire. Highly motivated to sell and looking at all offers.

Detailed Information

Location:
Surfside, SC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
10/31/2019
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space on a very busy road. High visibility for tourists. Large signage on road. Plenty of parking. Inside are 12 tables of 4, counter, kitchen, grill, fryer, misc other restaurant equip. Pictures and more details provided with a signed NDA.
Competition:
Very busy area, owners do not advertise much, facebook and street sign. Next to tourist destinations that fit the demographics of customers. Lease term ends Oct 31, 2019 with a 3 year renewal option. Business has a great reputation.
Growth & Expansion:
Empty space next door could be used for expansion. Take out and delivery and catering are ways to expand. Extending hours and getting a beer & wine license.
Financing:
3 year option to renew.
Support & Training:
Two weeks training by owners if needed.
Reason for Selling:
Heath/Time to retire
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Kim Masson

Business Listed By:
Kim Masson

TRADD Commercial

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