$100,000 Price reduction for this Profitable Bar in Myrtle Beach, SC

Buy this profitable full service bar and restaurant for sale doing around $500,000 in sales and sending the current owner home with almost $130,000 annually in Myrtle Beach! Rent is an unheard of $3,000 per month!

Opportunities like this are few and far between! This  bar and restaurant for sale truly has it all!  First and foremost is the location - it's situated amongst all the great bars, dining establishments and attractions of Myrtle Beach, South Carolina. This successful restaurant for sale is 2,500 square feet and seats 60 comfortably inside with outside seating for an additional 16. The rent is an incredible $3,000 per month and includes CAMS and there's another 18 years left on the lease. Based on annual sales of $500,000, that comes to less than seven percent of sales which translates into excellent cash flow as demonstrated by the earnings of this bar and restaurant for sale.  Owner earnings are almost $130,000 annually providing a very nice lifestyle for the next owner.

This bar and restaurant for sale offered by the Restaurant Brokers receives high ratings on all the major social media sites. It's NOT just another Myrtle Beach business. It's a destination that has been featured in numerous articles and blogs of places to visit in the area.  Described as a top destination for anyone visiting the Myrtle Beach area by national bloggers and media outlets, this bar and restaurant for sale is only open for limited hours and is completely absentee owned. What makes this location so popular is that you can go in for a complete dinner, a few appetizers, or for their signature cocktails. It's a turn-key operation whether you want to continue as an absentee owner or be an on-sight owner operator.

Myrtle Beach is recognized for its exceptional golf courses and beautiful coastline.  It's a top choice as a vacation spot and attracts an estimated 14 million visitors each year.  All of those visitors know this bar and restaurant for sale as a main attraction. 

Please click on the tab below to easily acknowledge confidentiality on this Myrtle Beach Bar. For many business opportunities, you will immediately receive the name, address, photos and most recent financials.If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714 - 4552

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Listing

  • Listing#: 5835
  • Price: $180,000
  • Location: Myrtle Beach
Lease Term: 3 years plus three 5-year options
Monthly Rent: $3,000
Indoor Seating: 60
Inside Sq. Ft: 2500
Hood System: Yes
Neighboring Businesses: Other dining establishments, tourist attractions, shopping
Hours Open: Tuesday - Saturday 4:00 - 10:00PM
# of Part-Time Employees: 4
# of Full-Time Employees: 3
Net Sales: $528,279
Owner Benefit: $127,647

Features

  • Close to the beach!
  • Limited Hours
  • Revenue approaching $550,000
  • Owner earnings are close to $130,000
  • Great location and lease rate with 18 years remaining
  • Myrtle Beach is recogizned for its exceptional golf courses and beautiful coastline. It's a top choice as a vacation spot and attracts an estimated 14 million visitors each year.
  • Own a business in Myrtle Beach! Top choice as a vacation spot and attracts an estimated 14 million visitors each year.
  • Bar and Restaurant for Sale