High Volume South Carolina Island Resort Bar for Sale
Resort bar for sale is cranking out $914,000 annually with opportunity for growth. High volume South Carolina island favorite is trending up 20 percent over last year.
Buy this bar for sale and get the only sports themed bar in town. Located in the epicenter of the island with no competition within 15 miles. Online reviews of 4.5 stars offer a picture of the loyal following from locals and tourists alike.
Earnings at this island resort bar for sale offered by We Sell Restaurants was $70,000 on $914,000 in revenue. A new owner operator should be able to grow cash flow with better controls on costs of goods sold. Year to date sales are up 20% compared to this time last year!!!
This bar for sale is the favorite spot for locals and vacationers to enjoy signature cocktails sitting on the patio listening to live music or watching sporting events on one of the 30 TV’s. This island resort bar is known for having a laid-back vibe, friendly staff, good food and fun cocktails and was recently voted one of the top 10 restaurants on the island.
The upstairs was just re-branded and renovated which adds additional space for patrons to enjoy a sporting event or space to host larger parties and will generate additional sales and profit for a new owner. Entire complex recently updated to include new façade, new walkway and awnings, newly paved parking lot which offers a clean new look!! Once you have seen the property and experienced the laid-back island feel you will fall in love!
The rent on this 2334 square foot beauty is only $5234 including CAMS and there are 10 years left on the current lease. An occupancy rate all in at only 6.24% of sales is unheard of especially in a resort town. Seating inside for 80 with additional seating outside on the patio for 80 more customers.
Please click on the tab below to easily acknowledge confidentiality on this Bar for Sale. 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#: 6143
- Price: $200000
- 2017 Sales $900,000
- Year to date sales up 20%
- Upstairs is the only sports bar within 15 miles equals no competition
- 4.5 stars online reviews
- $5234 rent all in equals extremely low occupancy rate of 6.24% of sales
- Favorite hangout for locals
- Newly re-opened and re-branded upstairs sports bar equals opportunity for growth
- Bar for Sale