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HUGE $100,000 Price Reduction - Restaurant for Sale WITH Real Estate

This is your unheard-of chance to own a profitable restaurant for sale with real estate and a full bar while building equity for ONLY $299,000! Carmine's Trattoria is an exceptional opportunity for established cash flow and awesome revenue growth potential. 2022-2023 annual sales averaged $325,000 on just 30 hours of 5-day-a-week dinner service. The owner's profit take-home cash averages over $80,000! Whether you're a chef, seasoned manager, or existing restaurant investment business looking to expand your portfolio, this is the ideal chance to make your goals a reality.

As one of the few sit-down dining destinations in the Walterboro SC area, this restaurant for sale with real estate also carries a full liquor license. No problem applying for your license after closing. The Certified Restaurant Brokers at We Sell Restaurants will assist in negotiating a management agreement to use the owner's license while waiting for yours! 

Located within 3 miles of I95 in one of Charleston’s high-growth bedroom communities, the restaurant for sale with real estate is not only considered a go-to venue in the community, it's also a favored stopover for travelers seeking dependable service and an authentic Italian dining experience. Retain the name and successful concept for Carmine's Trattoria, or re-brand and modify it to any concept you desire. The location alone has been drawing savvy diners into its intimate interior for over a decade.

No culinary kitchen experience? No problem! The current chef will train. The fully equipped commercial kitchen in this restaurant for sale with real estate includes a 16' vent hood, 22-burner cooktop, double ovens, and more. With an inviting 1800+/- square foot interior, the cozy dining room and large wooden bar can seat up to 47 patrons. Currently, the owners offer only dinner service for five days a week. Add weekend brunch lunch service, late-night entertainment, special events, and more for revenue growth opportunities.

This restaurant for sale with real estate is strategically positioned to benefit from the rapid expansion of area manufacturing businesses. According to the Wall Street Journal, the county is a key player in securing tax incentives that will bring "a flood of corporate investments and reshaping local economies." Talk about restaurant security! All these business owners, employees, and homeowners seek a dependable place to dine out, entertain, and celebrate special occasions. 

Don't let this remarkable opportunity slip through your fingers! Sign the easy online Confidentiality Agreement today or reach out to your Certified Restaurant Broker® at 843-200-4356

Only interested in buying the restaurant business? See the same Restaurant for Sale without the real estate here.

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Listing

  • Listing#: 9404
  • Price: $299000
  • Location: Walterboro

Lease Term: expires 01/01/2050

Monthly Rent: $1,

Indoor Seating: 47

Inside Sq. Ft: 1726,

Hood System: Yes

Neighboring Businesses: Quaint historic shopping district bustling with antique shops, boutiques, restaurants & more.

Hours Open: Tuesday-Saturday 5pm-9pm

# of Part-Time Employees: None

# of Full-Time Employees: 3, incl 2 owners

Net Sales: $357188.00

Owner Benefit: $80163

Features

  • Skip the lease and pay yourself rent: Carmine's cash flow pays all expenses.
  • 3 miles from major highway draws loyal patrons from snowbird and business travelers.
  • Recent 5 Star Google Review: "We are blessed to live close to Carmine's Trattoria. Giuseppe and staff are as awesome as the food. If you're ever in Walterboro, South Carolina stop on by or miss out on authentic Italian cuisine !!! P.S. and dessert!!!"
  • Current 30 hours/5-day week service equals tremendous potential to boost sales with expanded hours.
  • Impressive $70 average ticket sale per head!
  • Restaurant for Sale with Real Estate