Waterfront Restaurant for Sale: $1.5M sales, $275,000 Owner Profits

Beaufort, SC
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Asking Price:$799,000
Gross Revenue:$1,574,695
Established Year:2020
Cash Flow:$274,631
Rent:$2,300/Month
BUSINESS DESCRIPTION

Waterfront Restaurant for Sale!

Discover a fantastic opportunity with this Restaurant for Sale in an unbeatable waterfront setting. The South's vibrant food scene and strong economy provide a solid backdrop for continuing the impressive $275,000 owner take-home profits. That's a remarkable 17% cash flow on 2023 sales of $1.575 million.
With 3,200 square feet of interior space, expansive 1,600 square foot deck, and an unbelievably low monthly rent of just $2,300, the operating overhead for over 200 customer seats is hard to beat! Plus, there are NO CAMs with this Restaurant for Sale. You only pay for liability insurance and utilities — that's it!
This fully equipped Restaurant for Sale offered by We Sell Restaurants is ready for seamless continued operation. No retrofitting or upgrading is needed, with glowing refinished wood flooring and posh nautical decor already in place. A full liquor license allows for all levels of service, including craft cocktails, wine pairings, and local craft brews. The experienced, multi-year tenured staff are a refreshing change to work with; the current owner has cultivated a team who love where they work, and it shows in their excellent customer service. Wages INCLUDING front of house tips are a low 27% of sales.
The turn-key commercial kitchen at this Restaurant for Sale means no additional equipment expenditures. In place are: vent hood, grease trap, flat top, grill, Char broiler, fryers, custom built-in refrigeration, lowboy chillers, four-tap draft cooler, bottle cooler, a sound system, POS system, and much more. See the equipment list for full details.
The surrounding Lowcountry environment adds to the authentic southern hospitality and casual flair. Locals rely on this Restaurant for Sale not only for social gatherings but also for their favorite dishes. With private dining and event spaces, this venue can accommodate an average 150 guests for weddings, rehearsal dinners, reunions, meetings, retreats, and other special celebrations.
Whether you're drawn to the lucrative profits, the laid-back southern lifestyle, or the steady flow of local patrons, this Restaurant for Sale offers the perfect next step in your culinary career. No royalties, no transfer fees, no additional costs. Whether you're a seasoned restaurateur or just starting out, this is your prime opportunity to thrive in the South's attractive market.
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DETAILED INFORMATION
Location
Beaufort, SC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,200
Lease Expiration
31/12/2028
Employees
20
Facilities
PRIMARY DINING AND BAR AND KITCHEN FEATURES Custom Built Walk In Refrigerator Hood System Grease Trap 36 inch Char Grill 48 inch Flat top 36 inch Char Broiler 10 Burner Range 7 foot Refrigerated Prep Lowboy 60 inch Refrigerated Prep Lowboy 72 inch Refrigerated Prep Lowboy 48 inch Refrigerated Prep Lowboy 3 Compartment Dish Sink 2 Electric Dishwashers Tea Machine 2 urns Coffee Machine Smart Tv above bar Steel Shelving Double Door Refrigerator Hobart Stand Mixer Storage Racks Two 48 inch food warmers Robo Coupe with attachments Vita Mix Ice Shaver Wand Mixer Fry Cutter 4 Hand Sinks Prep Sink with Table Vollrath Servwell Steam Table 3 Fryers Speed Rack Server Glass Door Fridge 2 Glass rack tables 2 ice bins with cold plate Liquor Riser 4 tap Draft Cooler Top Slide Beer Cooler Wine Cooler 40 bottle 72 inch Glass Bottle Cooler 10 Wine Buckets with Stands Commercial Microwave 8 Heaters on Porch with remote 8 Mounted Fans on Porch 6 Speaker System with Bluetooth and Wifi Compatibility Bar Resurfaced December 2023 100 Dining Room Chairs 6 Six top tables 36 inch x 36 inch 14 Four top tables 36 inch x 72 inch 2 Eight top tables 36 inch x 92 inch Glassware Flatware Smallwares PRIVATE EVENT SPACE and OUTDOOR DINING equipment to be disclosed during Due Diligence LEASED EQUIPMENT 2 Ice Machines at 250 dollars per month
Competition
Rare waterfront opportunity with strong customer base for consistent patronage. Special event capacity up to 150. Unbeatable setting.
Growth & Expansion
Loyal well trained staff with average 3 years tenure able to support growth of special events and catering, can open all 7 days of the week for added sales
Support & Training
Up to 30 days
Reason for Selling
Relocation
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Bernie
Bastian
We Sell Restaurants
Bernie Bastian