Live And Work Near The Beach. Turn-Key Restaurant For Sale In Myrtle Bch Surfside Beach, SC 29575
- Retail properties
- 1,900 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Live And Work Near The Beach. Turn-Key Restaurant For Sale In Myrtle Bch
- Property size
- 1,900 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This 1,900 square foot restaurant in Surfside Beach, South Carolina, is available for $99,000. Located in Horry County (zip code 29575), this established business boasts a prime location bordering a busy street with thousands of new homes under construction, ensuring high traffic and growth potential. Currently operating as an Italian restaurant, it offers a turnkey operation including all equipment, furniture, fixtures, and recipes. The restaurant comfortably seats 51 guests indoors and has a low monthly rent of $1,900, significantly below market value. The current owner/chef is retiring, presenting a unique opportunity for a new owner to capitalize on the existing clientele and expand operations. The current hours are 4:00 PM to 9:00 PM, Monday through Saturday, leaving ample room to increase revenue by extending hours and adding lunch service. The sale includes a six-burner stove, five stainless steel tables, two freezers, two refrigerators, two cappuccino machines, three microwaves, two countertop convection ovens, a coffee maker, a three-compartment sink, a hand sink, a sandwich unit, two steamers, two large shelves, an espresso bar, two conduction burners, a TV, an outside mop sink, ten extra wood chairs, two highchairs, and numerous small wares. The seller is offering two weeks of support for a smooth transition. This is an exceptional opportunity to own a profitable restaurant in a rapidly growing area with a low rent and high potential for increased sales. The business has been operating for five years and currently employs three people. Gross revenue is $160,800. The sale is an asset sale, not including real estate. Seller financing is not available.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Surfside Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.9684
- Latitude
- 33.6308
