1 Million In Sales!! Pine Valley, SC 29045
- Retail properties
- 2,800 SF
Current Use by Public Records
- Retail properties
Property Details for 1 Million In Sales!!
- Property size
- 2,800 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional restaurant franchise opportunity in Elgin, South Carolina, presents a compelling investment prospect. Boasting over 2,800 square feet of space in a prime location within Kershaw County, this established business achieved over $1.2 million in gross revenue in 2024, with projected earnings exceeding $170,000. The sale includes a comprehensive suite of assets, encompassing all essential kitchen equipment, such as POS systems, a seventeen-foot hood, prep tables, coolers, ovens, grills, warmers, and security cameras. The franchise also benefits from low operational overheads, including a competitive 6% royalty fee and no marketing fees. The current lease, secured through December 26, 2032, provides a long-term commitment and financial stability. The business currently employs 11 people and offers ample seating for 65 patrons. The asking price is $550,000, and financing options are available through SBA lenders with favorable terms, requiring only a 20% down payment. This turnkey operation offers significant growth potential within a thriving community, making it an ideal investment for a discerning entrepreneur seeking a profitable and well-supported franchise. The seller is retiring, presenting a unique opportunity to acquire a well-established business with a proven track record. The property includes two trash units, two high chairs, two booster seats, eighteen tables, sixty-five chairs, a condiment station, and twenty-six security cameras. Additional equipment includes three POS systems with cash drawers, three receipt printers, a kitchen printer, kitchen display monitors, two door undercounter refrigerators, a tea brewer, two tea dispensers, a phone system, a coffee maker, six gyro machines, a soft-serve machine, a microwave, a stainless steel shelf, a two-bay steam table, a food warmer, a crisper with a heat lamp, two hand sinks, a sandwich prep cooler, a single-door freezer, a gas convection oven, a Charbroil grill, and an undercounter refrigerator. The lease rate is $6,291 per month.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pine Valley
- County
- Kershaw
- State
- South Carolina
- Longitude
- -80.8322
- Latitude
- 34.1875
