Successful Casual Restaurant for Sale Trending $340,000 Owner Profit
Asking Price: | $895,000 |
Gross Revenue: | $1,825,534 |
Established Year: | 2019 |
Cash Flow: | $347,220 |
Rent: | $8,400/Month |
Successful Casual Restaurant for Sale Trending $340,000 Owner Profit
With $1.8 million in 2024 trending sales, over $340,000 in owner take-home profit, and an established customer base, this Restaurant for Sale is on a fast track to sustainable success! SBA lending is no problem for a money-maker like this one.
Encompassing 3,177 square feet, the turn-key Restaurant for Sale offers a full liquor license and professionally equipped commerical kitchen with large vent hood, grease trap, walk-in cooler, freezer, 3 fryers, 6-burner cooktop plus flat top, beer tap system and more. Several popular seating options are available in the dining areas including 99 inside at the bar, in booths, or at tables, and up to 100 additional seats available on the covered patio.
The base rent is below 8% of sales at $8,400 per month plus CAM. Safeguarding against high market rent escalations is no problem. The current lease term for this Restaurant for Sale is valid until October 2026 and includes two five-year renewal options with only 3% annual increases.
You've wanted your own restaurant for years. Now is the time to act. The legwork of getting approved for permits and the expense of the build-out are already done for you with this Restaurant for Sale. Featuring a unique vibe and clever all-American concept, it appeals to multiple generations who've come to rely on friendly service, fun food, and great memories. Extend night time service hours to boost sales even higher!
It's no wonder the customer base is so varied. Check out the prime location details for this Restaurant for Sale:
— Major medical and retail developments are in progress within 5 miles.
— 12,000+ rooftops within 15 miles, with multiple new home communities underway.
— Located on a key beach and resort-bound thoroughfare with 15,000+ vehicles passing daily.
Don't worry about franchise fees or royalties with this Restaurant for Sale. As an independent business, all profits are yours. Marketing is a breeze too. Current advertising and social media campaigns ensures repeat customers find new reasons to return, and helps new customers (including the 8 million tourists visiting Charleston every year) discover the experience, all with a budget under 2.5% of sales.
NOTE This restaurant is not located in Charleston proper but due to confidentiality we cannot disclose the location without a signed Confidentiality Agreement. Click MORE now to get all the details including walk-through virtual tour!
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