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OFF-MARKET
Retail properties & Spaces

0 Profitable Restaurant For Sale $900K Owner Benefit & Low Rent! Columbia, SC 29204

4,500 SF Built 1993
Property ID
Property summary
AI-generated overview

This established Columbia, SC restaurant is offered for sale at $2,900,000. The 4,500 square foot space, built in 1993, boasts impressive annual gross revenue nearing $2.7 million and a substantial owner benefit exceeding $900,000. The current lease, expiring May 31, 2029, offers an 8-year term with a remarkably low monthly rent of $3,690.04. The restaurant features ample seating for approximately 250 patrons, including booths, tables, and high chairs. A fully equipped kitchen includes a walk-in cooler and freezer, extensive stainless steel prep tables and shelving, multiple ovens (including pizza conveyor ovens), fryers, a charbroiler, and a hood system. Other equipment includes a Hobart mixer, a Somerset dough roller and sheeter, and various other kitchen essentials. The sale includes all existing equipment. The restaurant currently employs 22 staff members (7 full-time, 15 part-time) and operates six days a week. This turnkey operation is ideal for an experienced restaurateur seeking a profitable, established business with significant growth potential in a vibrant South Carolina community. The seller is retiring. The address is confidential, but the location is in Kershaw County, SC, zip code 29204. This is an asset sale; seller financing is not available.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1993
Total area 4,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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