370 000! Chapin, SC 29036
This thriving restaurant in Chapin, South Carolina, presents a unique investment opportunity. Priced at $1,200,000, this 4,992 square foot establishment boasts a lease expiring April 30, 2031 (7-year term) with a monthly rent of $12,480. Built in 2021, the restaurant is fully equipped and ready for immediate operation, representing a turnkey solution for a new owner. The impressive list of equipment includes two walk-in coolers, freezers, extensive stainless steel prep tables and shelving, multiple ovens, grills, fryers, a smoker, a dry-aged meat locker, and ample seating for both indoor and outdoor dining. The interior features 16 high-top chairs, 4 high-top tables, 20 chairs, 16 tables, 14 booths, and 12 barstools, along with two POS systems. The outdoor patio area adds to the appeal, equipped with tables, chairs, and heaters. The restaurant enjoys excellent visibility and is situated in a growing community within Lexington County (zip code 29036). Financial records show a gross revenue exceeding $2,231,435.11 and a cash flow exceeding $371,088.58. This asset sale includes all equipment and furnishings, excluding inventory. A 3D virtual tour is available. The seller is relocating, presenting a compelling reason for the sale. The area's strong schools and high quality of life contribute to a thriving market. This is an exceptional opportunity to acquire a profitable, established restaurant in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.