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Property profile

Bar and Grill for Sale- Money Maker! Murrells Inlet Rd Murrells Inlet, SC 29576

OFF-MARKET
Retail properties & Spaces
2,000 SF Built 2021
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Property summary

AI-generated overview

This turnkey restaurant opportunity in Murrells Inlet, South Carolina, presents a unique chance to own a thriving business. Located on a high-traffic road, just blocks from the beach, this 2,000 square foot establishment boasts a prime location surrounded by thousands of tourists and residents. Built in 2021, the restaurant features a fully equipped kitchen and bar, including a 7-foot exhaust hood with fire suppression, two fryers, a griddle, ample refrigeration, and a complete set of small and glassware. The lease, expiring January 12, 2027, has a monthly rent of $3,000. With seating for 70, the space is ideal for various concepts. The current setup includes a sports bar and grill theme, but the space is adaptable to a new owner's vision. The asking price is $129,900, representing a significant savings compared to starting from scratch. The seller is motivated and open to serious offers. The area is experiencing major development, promising continued growth and increased customer traffic. This is a rare opportunity to acquire a profitable, established business in a booming coastal location. The current gross revenue is $400,000. The business includes five employees and has limited competition.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021
Total area 2,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Bar and Grill for Sale- Money Maker! Murrells Inlet Rd Murrells Inlet, SC 29576
Murrells Inlet metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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