Restaurant For Sale: $2+ Mil Sales with $400,000+ Owner Take Home

Operate this Restaurant for Sale in a bustling pedestrian-friendly Charleston area, generating over $2 million in annualized 2024 sales and boasting $400,000+ in trending cash flow. That translates to a 20.55% profit headed straight into the owner-operator's pocket. With 20%+ year-over-year revenue growth from $1.3 million in 2022 to $1.7 million in 2023, the business is already on track to surpass $2 million in 2024.
Monthly base rent for the 1841 square foot space is an incredible $5858—under 6% of revenue—making this location not only desirable but incredibly affordable. The lease for this Restaurant for Sale is in its second 5-year option through December 2025, with 2 additional 5-year renewal options available. The vibrant space seats 48 guests comfortably, with an unheard of four dedicated off-street parking spaces. Metered street parking and nearby parking garages provide additional convenient access.
This Restaurant for Sale, offered by We Sell Restaurants is known for its strong team culture, with the current staff eager to continue. Employees are extremely loyal and the owner regularly receives new job applications due to the excellent reputation as an employer. Best of all, no late-night shifts!
Located in a prime spot, this Restaurant for Sale attracts a steady stream of customers, from the nearly 8 million annual tourists in the area to local professionals and students from nearby businesses, hotels, retailers, and historic attractions. The strong online ordering and delivery services contribute to consistent added revenue streams.
The turn-key kitchen comes fully equipped, including all essentials such as grease trap, 2 vent hoods, 2 griddles, fryer, side-by-side and walk-in coolers, ice machine, reach-ins, dishwashing station and much more. The Restaurant for Sale's front-of-house décor provides a playful, welcoming atmosphere, fostering a reliable customer base that keeps coming back.
SBA lending is available at this Restaurant for Sale with an estimated 20% down for qualified buyers. The Charleston Team's Certified Restaurant Brokers will put you in touch with a qualified lender who is able to secure approvals in a matter of days. Click the "MORE" button below to explore this exciting opportunity today!
NOTE - No alcohol has not been served in this business, nor are sales inclusive of any alcohol. There is however a valid full liquor license potentially available for Buyer use under a limited time Management Agreement while Buyer secures their own.
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