Restaurant For Sale: $2+ Mil Sales With $400,000+ Owner Take Home

Business Overview:

Operate this Restaurant for Sale in a bustling pedestrian-friendly Charleston area, generating over $2 million in annualized 2024 sales and boasting $400,000+ in trending cash flow. That translates to a 20.55% profit headed straight into the owner-operator's pocket. With 20%+ year-over-year revenue growth from $1.3 million in 2022 to $1.7 million in 2023, the business is already on track to surpass $2 million in 2024. Monthly base rent for the 1841 square foot space is an incredible $5858—under 6% of revenue—making this location not only desirable but incredibly affordable. The lease for this Restaurant for Sale is in its second 5-year option through December 2025, with 2 additional 5-year renewal options available. The vibrant space seats 48 guests comfortably, with an unheard of four dedicated off-street parking spaces. Metered street parking and nearby parking garages provide additional convenient access.This Restaurant for Sale, offered by We Sell Restaurants is known for its strong team culture, with the current staff eager to continue. Employees are extremely loyal and the owner regularly receives new job applications due to the excellent reputation as an employer. Best of all, no late-night shifts! Located in a prime spot, this Restaurant for Sale attracts a steady stream of customers, from the nearly 8 million annual tourists in the area to local professionals and students from nearby businesses, hotels, retailers, and historic attractions. The strong online ordering and delivery services contribute to consistent added revenue streams.The turn-key kitchen comes fully equipped, including all essentials such as grease trap, 2 vent hoods, 2 griddles, fryer, side-by-side and walk-in coolers, ice machine, reach-ins, dishwashing station and much more. The Restaurant for Sale's front-of-house décor provides a playful, welcoming atmosphere, fostering a reliable customer base that keeps coming back.SBA lending is available at this Restaurant for Sale with an estimated 20% down for qualified buyers. The Charleston Team's Certified Restaurant Brokers will put you in touch with a qualified lender who is able to secure approvals in a matter of days. Click the "MORE" button below to explore this exciting opportunity today!NOTE - No alcohol has not been served in this business, nor are sales inclusive of any alcohol. There is however a valid full liquor license potentially available for Buyer use under a limited time Management Agreement while Buyer secures their own.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

Furniture Fixtures and Equipment Include the Following2 vent hoods250 gallon in ground grease trapWalk in cooler2 Door reach in refrigeratorGlass door reach in2 reach in freezersFreezer chest3 convection ovensFryer2 burner stoveOne 4 foot and One 2 foot flat top4 foot SalamanderCommercial microwaveIce machineIce well3 prep tablesMiscellaneous shelvingDisplay caseOpen drink dispenser coolerKeg cooler3 compartment sinkBlenderSmallwaresSoup wellSheet pan racks2 scalesEspresso machineMeat slicerFlatwareServicewareBar glasswareBar small waresDigital menu board3 flatscreen TVs12 tables60 plus chairsBooth table with 2 high back benchesBarstools3 highchairsSecurity system with camerasSound systemCopy machineSafe6 trash receptacles2 utility cartsNeon signPOSPHOTO BOOTH NOT OWNEDAll sales 50 50 with vendorCan remain under new vendor contract or be removed2 arcade machines are not included but may be negotiable depending upon offerDishwasher is leased and can remain under new vendor contractNOTE Page 16 data is a template we are unable to edit. Page 16 INCORRECTLY states Social Media accounts are included. To clarify NO Social Media accounts will transfer with this business.

Market Competition and Expansion:

Outstanding pedestrian location near major retail, medical, and hotels. Unique concept with streamlined operations maximize food costs and staff efficiencies. Tremendous revenue from online orders and area food delivery providers.

Reason for Selling:

Relocation

Additional Details:

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