0 Fully Loaded Restaurant For Sale - Byo Concept Or Keep The Same! Chapin, SC 29036
This turnkey restaurant opportunity in Chapin, South Carolina, presents a unique chance for aspiring or established restaurateurs. Located in Lexington County, zip code 29036, this 1,700 square foot space boasts a prime location with high visibility, ensuring consistent customer traffic. The restaurant is currently operating under a 10-year lease, expiring August 30, 2034, with a monthly rent of $3,500. The asking price is $249,000. Built in 2006, the property includes a fully equipped kitchen featuring a 10-foot hood, walk-in cooler and freezer, multiple freezers, microwaves, grills, prep tables, and other essential equipment. The seating capacity is 40, and the space is ideal for a variety of dining concepts. The current owner is selling for reasons unrelated to the business's performance. Chapin's growing population and proximity to Lake Murray and Columbia create a strong customer base with less direct competition compared to larger cities. The restaurant's current setup includes nine four-seater booths, a loose table, extensive stainless steel prep tables, a soft-serve machine, fryers, broasters, and more. This is a rare opportunity to acquire a fully operational restaurant in a thriving community, ready for immediate operation or a concept change. The sale does not include inventory.
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
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Property description
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Risks
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