MONEY MAKING WATERFRONT BAR
Location: South Carolina > Horry County > Myrtle Beach
Industry: Food and Beverage > Bars and Taverns
Financials
Asking Price: $180,000
Gross Revenue: $500,000
Inventory: $4,000 (Not Included in Asking Price)
FF&E: $5,000 (Included in Asking Price)
Seller Financing: Possible note assumption from former owner
Business Summary
Calling all Parrotheads! One look at the view from the bar or back deck of this place and you will be hooked. Sit on the deck sipping a margarita and watch the boat traffic and you will see why this is a money maker. The owner took it over last summer and built the business from less than $20,000 per month to an average of $50,000. In May it did $60,000 and summer is just starting. The seller has a tiger by the tail and is getting burned out. It has a million dollar view without a million dollar price tag. The main dining room has a long bar with picture windows all around. It also has an outdoor deck with outside bar overlooking the intercoastal waterway. There is room for a streetside outdoor dining area as well. Small enough for a couple to run, but large enough to make money, this place is ideal. There is a small note from the former owner that could possibly be assumed. Don't pass up the chance to own the perfect bar in paradise.
About the Business
Year Established: 1987
Facilities: 1600 s.f. free standing building on intercoastal waterway with nice deck.
Market Outlook and Competition: Tourist mecca, several festivals heald in area each year.
About the Sale
Management Training and Support: 2 weeks
Reason For Selling: Burnout - Too many hours

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Listing Tools
BizQuest ID:902374
Seller ID:mb
Business Listed By
Name:Jim Bunting
Company:The Restaurant Store
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