Long Time Island Restaurant, Great Location

Hilton Head Island, SC

Seller Financing Available

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Asking Price:$299,000
Gross Revenue:$1,400,000
Rent:$4,636/Month
Established Year:2000
Cash Flow:$125,000
Inventory:$6,500
FF&E:$250,000
BUSINESS DESCRIPTION

Low Country Style Restaurant Serving Breakfast, Lunch & Dinner

"Price Reduced" Owner must sell due to health issues, has to relocate" Long time Island Restaurant, low country style seafood, sandwiched, salads, shrimp n' grits, Po-Boys and much more... 25 years in business, profitable, great location, serving breakfast, lunch & dinner... please email for information on this confidential listing.


DETAILED INFORMATION
Location
Hilton Head Island, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,500
Lease Expiration
01/01/2029
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All new facility, upgrade on every level, long term lease way under market value. plenty of parking.
Financing
Owner will take $150,000 down and finance the rest over a period of time with favorab
Support & Training
yes, if needed
Reason for Selling
Health
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Ned
E. Gilleland
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Ned E. Gilleland