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Key Facts of the Business in a Nutshell:
Concept: Sports Bar & Restaurant
Sales: 2017 $400,000.
Years in Business: Twelve Years Operating!
Location: in the Beaufort Town Center shopping center in Beaufort, SC not far from the nationally renowned Historic District.
Leasehold: 2041 sqft with fully equipped kitchen; Shuffleboard table and several TV’s will transfer with the purchase. Business is located in a traditional shopping center; landlord is planning extensive upgrades and modernization beginning in the coming months.
Lease: $2,446/month including CAMs; lease runs thru 2020; Seller does not anticipate any problem negotiating an extended term.
License: full liquor license
Funding: Owner may be willing to finance a portion of the purchase agreement for a qualified buyer.
Reason for Selling: Owner has other business opportunities he wishes to pursue.
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Points to Consider
◘ remarkable low-county and Cajun cuisine, along with traditional American pub offerings.
◘ Southern Living named Beaufort "Best Small Southern Town"
◘ Beaufort's active military bases create thousands of jobs which pump millions of dollars into the area’s economy. As a result, normal downturns do not seem to hit the community as hard as others of similar size, but lacking such “economic engines”.
◘ Beaufort and the surrounding low-country area annually hosts many special summer Festivals (Shrimp, Softshell Crab) which attract large crowds of upscale vacationers to the region. Also, it is recognized as one of the Top 5 destination fishing areas in the nation.
◘ music/Karaoke on the weekends
◘ nearby Parris Island Marine Corps Air Base is presently expanding.
◘ Owner will be available to assist in the transition
This well-established sports bar & restaurant is located in a retail center right on the busy main drag. Major road constructiin the immediate vicinity is nearly complete. Without this traffic inconvenience, revenues are expected to significantly increase.
This excellent business is firmly established, nicely profitable. With the Owner's "bottom line" at $86,000, it is properly priced to sell.
Is the idea of living at a beautiful, world-renowned Carolina Beach and operating your own successful business attractive to you? Then consider whether this could perhaps finally be the rare life-defining opportunity you have been seeking.
Please visit SellingRestaurants.com to get the name and location as well as photos of this listing.
Population | 1-mi. | 5-mi |
---|---|---|
2014 Total Population | 18,757 | 18,989 |
Households | 1-mi. | 5-mi |
2010 Number Of Households | 7,592 | 7,603 |
2010 Persons Per Household | 2.29 | 2.30 |
Median House Value | $218,956 | $218,639 |
Income Per Household | $48,807 | $48,860 |
Businesses | 1-mi. | 5-mi |
2009 Number Of Businesses | 607 | 624 |
2012 Number Of Employees | 14,542 | 15,712 |
2012 Total Annual Payroll | $240,036,000 | $253,176,000 |
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.