Market! Own A Thriving Bar And Grill For Sale In Booming Ft Ml Fort Mill, SC 29715
- Retail properties
- 3,000 SF
Current Use by Public Records
- Retail properties
Property Details for Market! Own A Thriving Bar And Grill For Sale In Booming Ft Ml
- Year built
- 2022
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established bar and grill, located in booming Fort Mill, South Carolina (zip code 29715), presents a lucrative investment opportunity. The 3,000 square foot restaurant, built in 2022, boasts impressive financials, generating nearly $400,000 in gross revenue in 2023 and over $100,000 in adjusted earnings. The current lease, expiring October 30, 2026, includes two one-year renewal options and costs $3,450 per month, inclusive of CAMs and taxes. The property is situated in a vibrant strip center with ample parking, ensuring high visibility and accessibility. The restaurant is fully equipped with a comprehensive inventory of commercial kitchen equipment, including a six-burner stove with oven, two fryers, multiple refrigerators and freezers, extensive barware, and ample seating for both indoor and outdoor dining. The sale includes all existing furniture, fixtures, and equipment. The business currently employs six people. Fort Mill's rapidly growing population and affluent demographic, coupled with its proximity to Charlotte, NC, create a strong and expanding customer base. This is an asset sale
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Mill
- County
- York
- State
- South Carolina
- Longitude
- -80.9318
- Latitude
- 35.0182
