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    Restaurant For Sale Loaded With Potential !!! Great Looking Turn Ky Lexington, SC 29072
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    Restaurant For Sale Loaded With Potential !!! Great Looking Turn Ky, Lexington, SC 29072

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    • Retail properties & Spaces
    • 6,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for Restaurant For Sale Loaded With Potential !!! Great Looking Turn Ky

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This turnkey restaurant in Lexington, South Carolina, presents a unique opportunity for immediate operation. Boasting 6,000 square feet of space, including a large patio, this well-established eatery is fully equipped and ready for a new owner. The asking price is $350,000. The current lease has nine years remaining, expiring May 1, 2033, with a monthly rent of $12,626 including CAMS. The extensive kitchen equipment includes two hoods, convection ovens, an outdoor smoker, three walk-in coolers, one walk-in freezer, ample dry storage, prep tables, stoves, and more. The dining area features seating for numerous patrons, including booths, tables, high-tops, and chairs. Additional equipment includes multiple POS systems, TVs, and various storage units. The restaurant's prime location on a busy street ensures high visibility and strong foot traffic. The seller is retiring, providing a seamless transition for a new owner to implement their own concept or continue the existing one. This is a rare opportunity to acquire a fully operational restaurant in a thriving community, eliminating the challenges and costs associated with starting from scratch. The restaurant's current capacity includes 3 waiting area booths, 6 high chairs, 10 tables, 8 booths, 16 chairs, 22 high top chairs, 3 high top tables, and 4 TVs. Inventory is not included in the asking price. The number of employees is 50. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.2739
    Latitude
    33.9989
    More about this property
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