This established bar and grill represents a compelling acquisition opportunity in the Charleston, South Carolina market. With over 20 years of continuous operation, the business has demonstrated sustained profitability and market resilience through multiple economic cycles.
Financial Performance:
The establishment generates approximately $2.25 million in annual revenue with cash flow exceeding $250,000 annually. This performance reflects strong operational efficiency and effective cost management within the competitive food service sector.
Operational Infrastructure:
The facility encompasses 3,600 square feet of interior space complemented by exterior patio and sidewalk dining areas, maximizing revenue potential across multiple service formats. The business benefits from a strategic location offering convenient access and substantial parking capacity, critical success factors in the hospitality industry.
Market Position:
The establishment has cultivated a loyal customer base over two decades of operation, demonstrating brand recognition and community integration. Consistent sales performance indicates effective customer retention and operational stability.
Asset Quality:
The business operates under a long-term lease arrangement, providing operational security and predictable occupancy costs. Infrastructure has been systematically maintained, ensuring continued operational capability and minimizing immediate capital expenditure requirements.
Investment Highlights:
- Established 20+ year operating history
- Proven revenue stream of $2.25M annually
- Strong cash flow generation exceeding $250K
- Comprehensive facility with indoor/outdoor dining capacity
- Secured long-term lease agreement
- Well-maintained operational infrastructure
- Strategic location with accessibility and parking advantages
This opportunity offers investors a turnkey operation with demonstrated financial performance and established market presence in the Charleston area hospitality sector.
Ad#:2398823