000 In Charleston, SC 29401
This established Charleston restaurant, built in 2015, presents a lucrative investment opportunity. Boasting 1,450 square feet of space, the restaurant comfortably seats 36 indoors and 12 outdoors, catering to dine-in, takeout, and delivery customers. Gross sales reached $748,346, generating a remarkable owner's cash flow of $190,046 – a 25% return. The menu features classic Lowcountry dishes and modern options, complemented by a beer and wine license. Located in a desirable neighborhood, the restaurant benefits from a high-density population of locals and tourists, with nearby hotels and Airbnbs. The current lease, at $4,900 per month (including rent, CAMs, taxes, and insurance), extends until July 2026, and includes off-street parking for the owner. SBA financing is available for qualified buyers. The fully equipped commercial kitchen includes a vent hood, grease trap, six-burner oven, griddle, fryer, chilled display case, and ample refrigeration. The seller is retiring and while they prefer not to provide training, they may consider it with a strong offer. This turnkey operation is ready for a new owner to continue its success. The restaurant's unique casual Southern dining concept, combined with its prime location and strong customer base, ensures continued growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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