000 Owner Profits Beaufort, SC 29902
- Retail properties
- 3,400 SF
Current Use by Public Records
- Retail properties
Property Details for 000 Owner Profits
- Year built
- 2020
- Property size
- 3,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Beaufort, South Carolina waterfront restaurant presents a unique investment opportunity. Boasting 3,400 square feet of space, including a substantial outdoor deck, this 2020-built establishment generated $1,574,695 in gross revenue in 2023, yielding a remarkable $274,631 in owner profit. The current lease has four years remaining (expiring December 30, 2028), with options for assignment. Monthly rent is exceptionally low at $2,300, with no CAM charges. The fully equipped commercial kitchen features a custom walk-in refrigerator, hood system, grease trap, char grill, flat top, fryers, and extensive prep equipment. A comprehensive inventory of furniture, fixtures, and equipment (FF&E) is available upon request. The restaurant comfortably seats over 200 patrons, with a dedicated private event space capable of hosting up to 150 guests. The current staff, boasting an average tenure of three years, is highly trained and loyal, contributing to the restaurant's consistent success. This turnkey operation benefits from a strong local following and a full liquor license, providing a solid foundation for continued growth and profitability. The sale includes all existing equipment, except for two ice machines which are leased at $250 per month. This exceptional opportunity combines prime location, proven profitability, and a well-established operation, making it an ideal acquisition for experienced restaurateurs or savvy investors. The business currently employs 20 people.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beaufort
- County
- Beaufort
- State
- South Carolina
- Longitude
- -80.6886
- Latitude
- 32.418
