Incredible Price Slash, Turn-Key Restaurant for Sale near I95
Asking Price: | $80,000 |
Gross Revenue: | $469,491 |
Established Year: | 2018 |
Cash Flow: | $1 |
Rent: | $5,000/Month |
Check out this Listing!
Reduced to an incredible $80,000, at a prime location 2 miles off I95, along with top Trip Advisor and Yelp recommendations, this established Dorchester County Restaurant for Sale boasts 4+ star reviews that draw key north- and southbound travelers 7 days a week. As the only full service, upscale eatery and bar for over 20 miles it's an ideal rest or overnight stop with zero local competition. Full American fare menu offers multiple dining options — lunch, brunch, and dinner — inside and out. The pergola patio is pet friendly too!
This Restaurant for Sale comprises 5,000 square feet of full service areas: first-floor bar and dining area with adjoining cafe, climate-controlled enclosed patio, additional pet-friendly covered patio, second-floor event space with a bar, and on- and off-site catering.
Forget worrying over the need to buy expensive new equipment, this impeccable Restaurant for Sale is truly turn-key: 12-foot vent hood, fryer, flat top, six-burner gas stove, oven, walk-in cooler and freezer, and all furniture, fixtures, and equipment needed to seat and serve over 130 patrons.
The base rent for this Restaurant for Sale is only $12 per square foot ($5,000 per month) with two 5-year lease options remaining. Seasoned staff are in place with 3 full-time and 10+ fully trained part-time staff. Alongside the owner, there are two managers who assist front and back of house responsibilities. A third manager handles office duties such as payroll, bill payments, staff schedules, social media, catering inquiries, and event setups.
Growth and expansion are on the cusp of exploding in this small southern town. The new Google Data Center has broken ground just 3 miles away; future employees want a place to sip, savor, socialize, and be entertained. Add the 300+ coming soon DR Horton homes and you've got a major growing target audience - especiallly since this Restaurant for Sale is the only full service, upscale eatery and bar for over 20 miles.
NOTE: The restaurant is located in a town within 30 miles of Summerville, in Dorchester County; for confidentiality purposes we cannot disclose the actual city. Precise location will be reveal after signing our Confidentiality Agreement.
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