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Pocket $80,000 and UP! Restaurant Bar for Sale Reduced and Ready for YOU!

Tap serious growth potential and boost the $80,000 average annual cash flow with this Restaurant Bar for Sale.  Low all-in rent of only $2500/month. Expand the current dinner-only service hours and you've got the ingredients for phenomenal sales and profit-in-your-pocket growth. Add weekend brunch and lunch, evening entertainment, special events, and more.  Plus, a full liquor license is the perfect opportunity to start happy hour service for the after work downtown business crowd. Carmine’s Trattoria is only blocks from the Colleton County Courthouse, attorney offices, dozens of retail shops, and more.

This Restaurant Bar for Sale is one of the few true white tablecloth dining establishments in the community.  Considered "the front porch of the Lowcountry," Walterboro maintains true Southern charm appeal. With easy access within 3 miles of I95, it has become a favorite stopover for travelers who want reliable, friendly service with an authentic Italian meal. Keep the current successful concept or adapt to your own; the choice is yours as the restaurant and real estate owner.

The fully equipped turn-key commercial kitchen in this Restaurant Bar for Sale by We Sell Restaurants includes 16' vent hood, cook top with 22 burners, double ovens, fryer, refrigeration/freezer, and more. The commercial zoned brick building has operated as a successful community restaurant for two decades and was renovated in 2010. The dining room and bar seat up to 47 within it's charming 1,796+/- square foot interior. The chef is open to staying on to facilitate a smooth transition and may stay for a more permanent term. 

Reduced and ready for you NOW, this well established Restaurant Bar for Sale opportunity is perfectly positioned to benefit from the rapidly expanding battery manufacturing businesses, which are bringing substantial employment opportunities and housing growth to the area. 

According to the Wall Street Journal, the county is a player in for "$1 trillion in federal tax incentives and loans for green energy that is fueling a flood of corporate investments and reshaping local economies."

That translates to restaurant security too. All those business owners, workers, and home owners want a reliable place to dine out, entertain, and celebrate special times. The sizable businesses and developments surrounding this Restaurant Bar for Sale include the new green energy gold rush "Battery Belt" along with DR Horton's multi-acre residential homes, DHL Headquarters, Walmart's 3M sq ft distribution center, Redwood's Battery Materials Campus, Port 95 Business Park and adjoining 1,300-acre Industrial Park, and more.

Interested in being your own landlord? See the same Restaurant Bar for Sale including the real estate here.

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Listing

  • Listing#: 9917
  • Price: $199000
  • Location: Walterboro

Lease Term: new lease, negotiable terms with options

Monthly Rent: $2500,

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: 4, incl owners

Net Sales: $357188.00

Owner Benefit: $82942

Features

  • Low $2500 base rent on new lease with renewals or option to buy the real estate.
  • 3 miles from major highway draws loyal patrons from snowbird and business travelers.
  • Owner finance may be available to qualified buyers.
  • 2022 sales $350,000+ from only 30-hours/week dinner service.
  • Impressive $70 average ticket sale per head!
  • Own your dream in charming downtown Walterboro, "the front porch of the Lowcountry!"
  • Restaurant for Sale