Two Restaurants/One Building! Resort Town on South Carolina Coast

Beaufort, SC (Beaufort County)

Two Restaurants/One Building!  Resort Town on South Carolina Coast
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Asking Price: Get Financing: $450,000

Cash Flow: $160,000

Gross Revenue: $1,900,000

EBITDA: N/A

FF&E: $125,000

Inventory: $20,000

Lease Rate: N/A /SF

Established: N/A

Two Restaurants/One Building! Resort Town on South Carolina Coast

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Business Description

This business includes two restaurants that share a stand alone 9,091 square foot building in a growing resort town. Both have different themes - One is a breakfast / lunch restaurant serving southern country cuisine at reasonable prices and the other is a southern seafood dinner restaurant with cocktail bar. The restaurants share a kitchen and other overhead expenses resulting in cost savings. Outdoor seating is available and parking is plentiful! Sales in 2017 should exceed $2,000,000. Call 803-779-2919 to sign an NDA and find out all the details on this business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
9,091
Lease Expiration:
11/1/2021
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free standing building with plenty of parking
Growth & Expansion:
It is possible to increase sales by 50% or $1,000,000 prior to any major capital expansion. The Buyer could improve this business by increasing bar sales, catering, special event promoting and could explore adding some entertainment on special days. Beach area single guitar attractions are excellent attractions in neighboring dining towns.
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(from currently available funds)
 
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David Yezbak

Business Listed By:
David Yezbak

Sunbelt Business Brokers

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