Extensive New Buildout for Pennies on the Dollar Restaurant for Sale

Charleston, South Carolina

spoon
restaurant for sale Charleston under 200k_1725570219.jpg
SOLD

Listing

  • Listing#:16939
  • Price: $125,000
  • Location:South Carolina

Open the doors to your new business in just a few weeks with this incredible Restaurant for Sale opportunity, a breakfast, lunch, and gourmet provisioning establishment perfectly ready for you NOW! 

The renovated 2,476-square-foot space combined two smaller eateries into one fabulous Restaurant for Sale last year, bringing you the amazing opportunity for a state-of-the-art retrofitted commercial kitchen featuring a grease trap, vent hood, fryer, flat top, gas cooktop, oven, salamander broiler, walk-in chillers, freezer chests, reach-ins, chilled self-serve display cases, smoothie station, espresso machine, POS, and more.

This Restaurant for Sale, offered by The Restaurant Brokers at We Sell Restaurants is the ideal chance to make your dream a reality. In its first year, sales annualized to $590,000. Year to date 2024 sales are trending 12 percent higher at $665,000! The restaurant offers seating for 66 customers, both indoors and out. Capitalize on the current concept or let your culinary creativity shine with your own ideas.

With extensive renovation and buildout expenses in its first year, this Restaurant for Sale was not quite cash flow positive. While this is common with most new restaurants, few new establishments are poised as quickly as this one for imminent and explosive growth in its second year. That means profits with strong take home cash flow potential for the lucky new owner. Unfortunately, the current owners must sell, and sell quickly, due to health required relocation. But they have laid the groundwork for significant growth and additional revenue streams and will gladly share their ideas and plans for your future success.

Location is key, and this popular establishment has it in spades. With an average daily traffic of 9,000 tourists and residents passing directly by for beach and resort access, this Restaurant for Sale benefits from extremely high visibility.

The monthly base rent at this Restaurant for Sale is a modest $4,800, fixed until April 2025.  Monthly CAMs, taxes, and insurance are only $375. The 5-year lease term at this Restaurant for Sale expires in April 2028, with an option for one additional 5-year term. Plus, the landlord covers bi-annual parking lot maintenance, reducing your operating costs.

NOTE This Restaurant for Sale is not actually located in Charleston proper but due to confidentiality we cannot disclose the location without a signed Confidentiality Agreement. 

 By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications. 

Please click the red “Get Complete Package” button to easily acknowledge confidentiality on this Restaurant 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 Charleston Team at (843) 200-4356

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Business listed by Charleston Team, We Sell Restaurants.

Open the doors to your new business in just a few weeks with this incredible Restaurant for Sale opportunity, a breakfast, lunch, and gourmet provisioning establishment perfectly ready for you NOW! 

The renovated 2,476-square-foot space combined two smaller eateries into one fabulous Restaurant for Sale last year, bringing you the amazing opportunity for a state-of-the-art retrofitted commercial kitchen featuring a grease trap, vent hood, fryer, flat top, gas cooktop, oven, salamander broiler, walk-in chillers, freezer chests, reach-ins, chilled self-serve display cases, smoothie station, espresso machine, POS, and more.

This Restaurant for Sale, offered by The Restaurant Brokers at We Sell Restaurants is the ideal chance to make your dream a reality. In its first year, sales annualized to $590,000. Year to date 2024 sales are trending 12 percent higher at $665,000! The restaurant offers seating for 66 customers, both indoors and out. Capitalize on the current concept or let your culinary creativity shine with your own ideas.

With extensive renovation and buildout expenses in its first year, this Restaurant for Sale was not quite cash flow positive. While this is common with most new restaurants, few new establishments are poised as quickly as this one for imminent and explosive growth in its second year. That means profits with strong take home cash flow potential for the lucky new owner. Unfortunately, the current owners must sell, and sell quickly, due to health required relocation. But they have laid the groundwork for significant growth and additional revenue streams and will gladly share their ideas and plans for your future success.

Location is key, and this popular establishment has it in spades. With an average daily traffic of 9,000 tourists and residents passing directly by for beach and resort access, this Restaurant for Sale benefits from extremely high visibility.

The monthly base rent at this Restaurant for Sale is a modest $4,800, fixed until April 2025.  Monthly CAMs, taxes, and insurance are only $375. The 5-year lease term at this Restaurant for Sale expires in April 2028, with an option for one additional 5-year term. Plus, the landlord covers bi-annual parking lot maintenance, reducing your operating costs.

NOTE This Restaurant for Sale is not actually located in Charleston proper but due to confidentiality we cannot disclose the location without a signed Confidentiality Agreement. 

 By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications. 

Please click the red “Get Complete Package” button to easily acknowledge confidentiality on this Restaurant 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 Charleston Team at (843) 200-4356

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Business listed by Charleston Team, We Sell Restaurants.

Lease Term 4 years remaining 1st term

Monthly Rent $4,800

Indoor Seating 44

Inside Sq. Ft. 2,476

Hood System Yes

Hours Monday thru Saturday 7:30 AM–3 PM Sunday 8:30 AM–2 PM

No. of Part-Time Employees 4

No. of Full-Time Employees 4

  • Million dollar renovation 2023 with state of the art commercial kitchen.
  • Scaled for explosive growth.
  • Low rent with 2,476 square feet for only $25/square foot, including CAMs!
  • Refrigerated grab n go case features local caterer and chef specialities.
  • Unbeatable road frontage visible to all beach and resort bound traffic.

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