Appreciable Real Estate At Major Interstate Exit: Restaurant for Sale

Charleston, SC
listing image
Asking Price:$3,250,000
Gross Revenue:$1
Cash Flow:$1
Established Year:1996
BUSINESS DESCRIPTION

Calling all Investors! Real estate values continue climbing up, up, up in the Charleston SC region. Secure those future gains today with this restaurant for sale that includes an impeccable real estate buildling and 1 acre land. Use the $450,000 owner's restaurant profit to offset aquisition and holding costs then pocket the rest — all while your investment grows in value.
• Full Liquor License and separate bar
• $2.1M Real Estate Value by 2021 USPAP Commercial Appraisal
• Prime site in a district intended for intensive interstate adjacent uses
• Outstanding $2.8M in 2023 Sales with 10% EBITDA Margin of $280,000
• Major interstate location at easy on/off exit with new service station plaza
• A high-volume, table-service restaurant and bar with minimal area competition
Built new in 2016, this Restaurant for Sale valuable real estate features a spacious turn-key commercial kitchen and fully trained staff available for ongoing employment. Nearly 5000 square feet of interior space with 155 seats plus 2217+/- sf of covered outdoor dining with 40+ seats provide overflow capacity for events. Both a reliable community favorite and easy access interstate traveler go-to.This is a one-of-a-kind opportunity to invest in an established sit-down Restaurant for Sale with Real Estate. Full liquor license adds to revenue growth opportunities. Surrounded by interstate-influenced commercial establishments, the newer shopping center houses multiple retailers including a major big box brand. Ideal for an experienced owner-operator, or as an addition to your growing restaurant and real estate portfolio. Solid margins + equity growth = appealing package with no lease or CAMs to negotiate.Need more to convince you of the area's pent-up growth potential? This Restaurant for Sale with Real Estate opportunity stands to benefit from rapidly expanding area manufacturing businesses, bringing substantial employment opportunities and housing growth to the area. Area development to date includes a DR Horton residential community, DHL Headquarters, Walmart distribution center, Redwood Battery Materials Campus, Port 95 Business and Industrial Park, and more awaiting permitting.
Register and sign our online Confidentiality Agreement today on this Restaurant for Sale with Real Estate and a Charleston Team Certified Restaurant Broker® will reach out with instructions for full access to all the details including the name, address, photos, virtual tour, and financials.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Charleston, SC
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,986
Employees
50
Facilities
Seller working on and will provide Fully equipped commercial kitchen All FF&E as seen in photos and during Due Diligence inspections
Competition
A go-to establishment for locals and driving travelers with little to no area competition. Average 70% YOY Cash Flow Growth 2020-2021-YTD 2022. Key interstate signage directs travelers from h
Growth & Expansion
Major big box discount retailer visible from highway and frequented by local residents. Close to major hotel chains for business and snowbird stopovers.Grow real estate equity and profits wit
Support & Training
Flexible
Reason for Selling
Retirement
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Bernie
Bastian
We Sell Restaurants
Bernie Bastian