Great Opportunity to Buy a Longstanding Profitable Restaurant/Bar
| Asking Price: | $495,000 |
| Gross Revenue: | $728,512 |
| Rent: | $3,950/Month |
| Established Year: | 2011 |
| Cash Flow: | $250,000 |
| Inventory: | $50,000 |
| FF&E: | $60,000 |
This is a fantastic opportunity to own one of the most consistent money makers in South Myrtle Beach. Year after year they have maintained consistent local business along with tourists coming back every year.
After a good Covid year they were up 33% in 2021 and were up 15% for 2022.
Their home cooked food is great and the prices are very fair. But its the down home service they give all their customers that makes this place so popular.
There is nightly entertainment from bands, karaoke and bar games.
I love this bar should be playing everytime you come in the door because thats exactly how the regulars feel about this place.
New side deck able to be added in 2023 for sunset views.
There is an eclectic mixture of all types of people..young and old that become friends and see each
other regularly..
You'll never go wrong with great food, cold well poured drinks and friendly service here.
Landlord has already approved the addition of n outdoor patio on side of the building that will only increase sales more.
Longtime staff makes this a great business for a new owner to fit right in without a lot of changes.
Current owner will even stay on in a part time capacity if needed.
Give us a call about this confidential listing
