2 For 1 Deal: Restaurant and separate Bar For Sale
Location: South Carolina > Hampton County > SC Lowcountry - exact town confidential
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $195,000
Gross Revenue Comments: In it's first year of business
Cash Flow Comments: In it's first year of busines
Inventory: $5,000 (Not Included in Asking Price)
FF&E: $200,000 (Included in Asking Price)
Seller Financing: Yes, negotiable for qualified buyer
Business Summary
I love this restaurant so much that I've thought about buying it myself! Join a great community in small town of the SC Lowcountry that has lots to offer as well as being close to everything. This is a big city restaurant with potential that you just won't believe until you visit!
Historically significant and rustically beautiful building with original brick, ceilings, and floors contains an exciting new elegantly casual, moderately priced, full service restaurant. Beautifully landscaped patio with fountain adds additionnal outdoor seats over looking main street in quaint downtown. Also a private banquet room for private parties. Also a separate entrance for the rich, intimate, inviting and highly comfortable bar and lounge with room for live music. Total 4400 SF with 4 bathrooms, extra storage rooms and/or offices, and nicely appointed kitchen
Historically significant and rustically beautiful building with original brick, ceilings, and floors contains an exciting new elegantly casual, moderately priced, full service restaurant. Beautifully landscaped patio with fountain adds additionnal outdoor seats over looking main street in quaint downtown. Also a private banquet room for private parties. Also a separate entrance for the rich, intimate, inviting and highly comfortable bar and lounge with room for live music. Total 4400 SF with 4 bathrooms, extra storage rooms and/or offices, and nicely appointed kitchen
About the Business
Year Established: 2007
Employees: 12 part time
Facilities: 4400 SF with dining room capacity of 124, outdoor patio with additional 35 seats, private banquet room for another 35, restaurant restrooms x2, good sized kitchen and well appointed, incredible bar and lounge area large enough for bands, bar restrooms x2, and separate entrance for both bar and restaurant.
Market Outlook and Competition: Hands down, this is the nicest restaurant for miles. Great opportunity to expand business. Nearby construction slated to end in September, and with the holidays closely approaching, it's the perfect time to pick up this gem!!!
The facilities are in great condition and with plenty of space you could play around with different concepts. Certainly the community has a demand for catering, private meeting facilities, and a positive addition to the community.
About the Sale
Management Training and Support: Owner is willing to train as needed and negotiable. This is not a franchise.
Reason For Selling: Owner relocationg to another area
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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