Tavern with great locals and tourists following

Myrtle Beach, SC (Horry County)

Seller Financing Available
Tavern with great locals and tourists following
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Asking Price: $149,000

Cash Flow: $81,000

Gross Revenue: $340,000

EBITDA: N/A

FF&E: $35,000

Inventory: $2,000

Rent: $2,020 /Month

Established: 2009

Tavern with great locals and tourists following

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Business Description

This tavern is great for tourists and locals. It is located on one of the busiest thoroughfares in Myrtle Beach. Low overhead, with proven profit. Business has showed steady increase year over year.

Strong local following. Tavern hosts dart and pool leagues regularly.

Perfect for an owner operator year round. Lease is below market.

Detailed Information

Location:
Myrtle Beach, SC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
9/1/2024
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Approximately 2,000 sq ft building with out door seating area and large parking lot. Lease is $2,020 all in.
Competition:
Top east coast tourism and vacation destination. Tavern caters to wide variety of demographics including tourists, weekend bikers, golfers and locals. Fantastic location close to beach access and resorts. Indoor and outdoor seating. Backyard area for outdoor activities like cornhole, beer pong, etc.
Growth & Expansion:
Very little advertising used. All income is currently generated by location and word of mouth. Good sized kitchen with quality food.
Support & Training:
Owner will train during transition
Reason for Selling:
relocation
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(from currently available funds)
 
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Terry D Walden

Business Listed By:
Terry D Walden

Revenue Avenue Business Brokerage

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