Waterfront Restaurant for Sale: $1.5M sales, $275,000 Owner Profits
Asking Price: | $799,000 |
Gross Revenue: | $1,574,695 |
Established Year: | 2020 |
Cash Flow: | $274,631 |
Rent: | $2,300/Month |
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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