Turn-Key Bar And Grill For Sale- Owner Financing Available! Pawleys Island, SC 29585
- Retail properties
- 2,400 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Turn-Key Bar And Grill For Sale- Owner Financing Available!
- Year built
- 2020
- Property size
- 2,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving 2,400-square-foot bar and grill, established in 2020, is available for purchase at $450,000. Located in Pawleys Island, South Carolina, this business enjoys a high-traffic location within a busy plaza, bordering US 17. The lease has approximately 18 months remaining (expiring June 15, 2025), with a monthly rent of $3,800. The restaurant boasts a fully equipped and well-maintained kitchen featuring a 10-foot exhaust hood, ample refrigeration, grills, fryers, and sandwich units. The bar area is spacious and efficient, designed for high-volume sales. The interior comfortably seats 72 patrons. The property includes a comprehensive inventory of equipment, including multiple refrigerators, freezers, sinks, a Hobart slicer, a countertop steamer, a gas range, ice machines, numerous TVs, booths, bar stools, and a point-of-sale system. A Reolink 8-camera security system is also in place. The current menu is simple, popular, and profitable, offering immediate revenue potential. This turnkey operation is surrounded by a large customer base of both locals and tourists, minutes from the beaches of Pawleys Island and Litchfield Beach. The seller is willing to provide up to 30 days of support to the new owner. While the business generated nearly $1 million in revenue in 2021 and 2022, specific financial details are not provided. This presents a unique opportunity to acquire an established, profitable business in a desirable coastal location. The seller is open to considering owner financing for qualified buyers.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pawleys Island
- County
- Georgetown
- State
- South Carolina
- Longitude
- -79.1436
- Latitude
- 33.4639