100 Hwy 17 Georgetown, SC 29440
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 100 Hwy 17
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Description
This well-established franchise hamburger restaurant presents a lucrative investment opportunity. Located in a Georgetown strip center on Highway 17 South, this 1-acre property has been operating successfully for 10 years. The current owner reports sales exceeding those of other area locations within the same franchise. Operating hours are 11 AM to 9 PM, seven days a week. While the current operation does not serve alcohol, there's potential for adding beer and wine sales to further increase revenue. Consistent sales and reasonable rent contribute to strong profitability. The franchise offers a family-friendly atmosphere and a supportive franchise relationship. Royalties are structured at 6% of sales, with an additional 2% allocated to advertising. The franchise provides significant benefits, including national pricing, national advertising, billboard placement, and local coupon mailers. This turnkey operation is poised for continued success and offers the potential for a six-figure income. The property is being offered at $250,000. This is an exceptional opportunity for an experienced entrepreneur seeking a proven, profitable business.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Georgetown
- State
- South Carolina
- Longitude
- -79.3243
- Latitude
- 33.4073