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  • RE:  Waterfront Restaurant For Sale: $1.5M Sales, $275,000 Owner Profits
  • Contact:  WE SELL

Quick Facts

Asking Price: $799,000
Annual Revenue: $1,574,695
Net Profit: Not Disclosed
Cash Flow: $274,631
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $0
Year Established: 2020
Employees: 20
BBN Listing #: 983522
Broker Reference #: 18601

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Business Overview:

Discover a fantastic opportunity with this Restaurant for Sale in an unbeatable waterfront setting. The South's vibrant food scene and strong economy provide a solid backdrop for continuing the impressive $275,000 owner take-home profits. That's a remarkable 17% cash flow on 2023 sales of $1.575 million.With 3,200 square feet of interior space, expansive 1,600 square foot deck, and an unbelievably low monthly rent of just $2,300, the operating overhead for over 200 customer seats is hard to beat! Plus, there are NO CAMs with this Restaurant for Sale. You only pay for liability insurance and utilities — that's it! This fully equipped Restaurant for Sale offered by We Sell Restaurants is ready for seamless continued operation. No retrofitting or upgrading is needed, with glowing refinished wood flooring and posh nautical decor already in place. A full liquor license allows for all levels of service, including craft cocktails, wine pairings, and local craft brews. The experienced, multi-year tenured staff are a refreshing change to work with; the current owner has cultivated a team who love where they work, and it shows in their excellent customer service. Wages INCLUDING front of house tips are a low 27% of sales. The turn-key commercial kitchen at this Restaurant for Sale means no additional equipment expenditures. In place are: vent hood, grease trap, flat top, grill, Char broiler, fryers, custom built-in refrigeration, lowboy chillers, four-tap draft cooler, bottle cooler, a sound system, POS system, and much more. See the equipment list for full details.The surrounding Lowcountry environment adds to the authentic southern hospitality and casual flair. Locals rely on this Restaurant for Sale not only for social gatherings but also for their favorite dishes. With private dining and event spaces, this venue can accommodate an average 150 guests for weddings, rehearsal dinners, reunions, meetings, retreats, and other special celebrations.Whether you're drawn to the lucrative profits, the laid-back southern lifestyle, or the steady flow of local patrons, this Restaurant for Sale offers the perfect next step in your culinary career. No royalties, no transfer fees, no additional costs. Whether you're a seasoned restaurateur or just starting out, this is your prime opportunity to thrive in the South's attractive market.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

PRIMARY DINING AND BAR AND KITCHEN FEATURESCustom Built Walk In RefrigeratorHood SystemGrease Trap36 inch Char Grill48 inch Flat top36 inch Char Broiler10 Burner Range7 foot Refrigerated Prep Lowboy60 inch Refrigerated Prep Lowboy72 inch Refrigerated Prep Lowboy48 inch Refrigerated Prep Lowboy3 Compartment Dish Sink2 Electric DishwashersTea Machine 2 urnsCoffee MachineSmart Tv above barSteel ShelvingDouble Door RefrigeratorHobart Stand MixerStorage RacksTwo 48 inch food warmersRobo Coupe with attachmentsVita MixIce ShaverWand MixerFry Cutter4 Hand SinksPrep Sink with TableVollrath Servwell Steam Table3 FryersSpeed RackServer Glass Door Fridge2 Glass rack tables2 ice bins with cold plateLiquor Riser4 tap Draft CoolerTop Slide Beer CoolerWine Cooler 40 bottle72 inch Glass Bottle Cooler10 Wine Buckets with StandsCommercial Microwave8 Heaters on Porch with remote8 Mounted Fans on Porch6 Speaker System with Bluetooth and Wifi CompatibilityBar Resurfaced December 2023100 Dining Room Chairs6 Six top tables 36 inch x 36 inch14 Four top tables 36 inch x 72 inch2 Eight top tables 36 inch x 92 inchGlasswareFlatwareSmallwaresPRIVATE EVENT SPACE and OUTDOOR DINING equipment to be disclosed during Due Diligence LEASED EQUIPMENT2 Ice Machines at 250 dollars per month

Market Competition and Expansion:

Rare waterfront opportunity with strong customer base for consistent patronage. Special event capacity up to 150. Unbeatable setting.

Reason for Selling:

Relocation

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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