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Italian Restaurant And Sports Bar In Georgetown County For Sale

Georgetown County, South Carolina
Asking Price:
$150,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$142,673 (USD)
Cash Flow:
$16,174 (USD)

This newly remodeled restaurant and sports bar is located on thoroughfare with over 20,000 cars passing by per day. This thriving restaurant which opened in the summer of 2018 is becoming the neighborhood Cheers. The American menu features Appetizers, salads, grinders, entrees, pizza, Strombolis, calzones and desserts. There is a fully stocked bar of popular liquors and beers.

The main area seats 100 people in 3,200 square feet with outdoor seating overlooking the Intercoastal Waterway. Located in a beautiful South Carolina city which has the second largest seaport.

Property information

Real Estate:

Lease

Location:

This restaurant is located in a free standing building occupying 3,200 square feet. Can seat 100 people and is located on a busy street.

Premises Details:

Type of Location: Stand Alone
Lease Expires: Feb 14, 2024
Option: 5 year
Lease Security: $3,000
Monthly Rent: $3,500
Square Footage: 3200

Business Operation

Expansion Potential:

With time and some marketing sales should grow significantly.

Competition / Market:

There are no other sports bars in the area.

Reasons for selling:

The owner owns another restaurant which requires his time.

Trading hours:

Business Hours: Mon-Sat 11:00 to 9:00

Employees:
8
Years established:
2018

Other Information

Support & training:

The owner will give 40 hours over 30 days to make a successful transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

negotiable or as required by lender

Furniture / Fixtures value:
$75,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

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