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Johns Island Turn-Key Restaurant - Blu Oyster Sushi & Seafood

Johns Island, SC
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Asking Price:$875,000
Inventory:$20,000
Gross Revenue:$2,800,000
Established Year:2021
Listing ID: 2302286Listing provided by BizBuySell
BUSINESS DESCRIPTION

Blu Oyster on John Island: Full service Turn-Key restaurant and bar. Operate existing concept or easily convert to yours. 4600 square feet with 120 seats plus 48 seat patio. Base rent is $28.37/psf NNN with total monthly rent of approximately $14,000.00. Beautiful and professional build-out designed for high volume. Lease expires 7/2028 with three, 5-year options to renew. Large shared parking field. Located in Crowne Commons off of Maybank highway (1804 Crowne Commons Way). Asking $875K for business, FF&E and lease assignment. Business will be open through 11/18/24. Contact Tim Hagar for additional information.

DETAILED INFORMATION
Location
Johns Island, SC
Inventory
Not Included in asking price
Employees
25
Facilities
Located in building #4, Suites D2-D3 of Crowne Commons situated just off of Maybank Highway with approximately 30K VPD.
Competition
Excellent market demographics, visibility and access with historic sales volume over $3M.
Support & Training
Seller training is negotiable.
Reason for Selling
Seller is focus on health and family
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Tim
Hagar
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Tim Hagar
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