Well-Established Pub and Restaurant

Beaufort, SC (Beaufort County)

Seller Financing Available
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Asking Price: $180,000

Cash Flow: N/A

Gross Revenue: $445,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,541 /Month

Established: 2005

Well-Established Pub and Restaurant

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Business Description

Well-Established, Nicely Profitable Sports Bar & Restaurant

The business is located in the picturesque seaside town of Beaufort, SC - just 45 minutes from historic Savannah; it offers a lifestyle setting most folks can only dream of. In fact, Beaufort was voted by the readers of Southern Living magazine as America's best small southern town.

- Award-winning low-county and Cajun cuisine is served, along with traditional American pub offerings.

- Sales: 2018 $445,000 (increase of over 10% from previous year . . . and still potential for considerable growth!)

- Profits: almost $100,000, up 12%, year over year; call for full details.

- Years in Business: Going on 14 years . . .

- Music/Karaoke on the weekends
- - - -
In summary, this business is well-established (in fact, it is growing!), nicely profitable, smooth running AND properly priced to sell.

Detailed Information

Location:
Beaufort, SC
Real Estate:
Leased
Building SF:
2,041
Lease Expiration:
11/1/2020
Facilities:
Leasehold: 2041 sqft with fully equipped kitchen; pool table and several TV’s, all of which will convey with the business. With easy access and plenty of parking, this growing business is located in a retail center near several national-brand hotels right on the busy main highway. Lease: $2,541/month including CAMs; almost 2 years remain on lease (November, 2020); landlord is amenable to discuss a significant extension. License: full liquor license
Competition:
Beaufort and the surrounding low-country area annually hosts many special summer Festivals (Shrimp, Softshell Crab) which attract large crowds of upscale vacationers to the region. Also, it is recognised as one of the Top 5 destination fishing areas in the nation.
Growth & Expansion:
Nearby Parris Island Marine Corps Air Base is very active, pumping millions of dollars into the regional economy. Of course, strong tourism is always a major source of business.
Financing:
For further details, contact Donald Clark, MBA at 910-795-8833
Support & Training:
Owner will be available to assist in the transition. Funding: Owner may be willing to finance a portion of the purchase agreement for a qualified buyer.
Reason for Selling:
Owner has been quite successful in this business and is now ready to retire.
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Business Listed By:
Donald Clark

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