0 Pocket $100 000+ With No Night Shifts At This Restaurant For Sale Charleston, SC 29401
This exceptional restaurant opportunity in coastal South Carolina presents a unique chance to own a profitable business with a significantly high return on investment. Established in 2019, this 1,300-square-foot quick-service restaurant boasts impressive financials, generating over $425,000 in revenue in 2023 and projected to exceed $520,000 in 2024, resulting in over $100,000 in owner income. The business model features streamlined operations, limited hours (breakfast and lunch only), and low operating costs, minimizing overhead and maximizing profit. The restaurant enjoys a prime location near Charleston, SC (exact address disclosed upon signing a confidentiality agreement), just one block from Edisto Beach, benefiting from high foot traffic and a captive audience in a vacation destination with limited competition within a 20-mile radius. The fully equipped commercial kitchen includes a 12-foot Captive Air Hood System, a 6-foot Magik Chef Flatop Griddle, a 6-burner Southbend Oven Range, and numerous refrigeration units. The lease, with a term of two years expiring February 27, 2026, has a monthly rent of $3,150, inclusive of insurance, taxes, and common area maintenance. The seating capacity includes 30 indoor and 24 outdoor diners. A beer/wine license is also available. This turnkey operation offers a fantastic lifestyle business with significant growth potential, including the possibility of expanding hours to include dinner service. The current owner is retiring, presenting a rare opportunity for a new owner to step into a well-established and highly profitable business.
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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