Franchise for Sale in a Flourishing Area of Lexington SC! Turn Ky Lexington, SC 29072
- Retail properties
- 1,100 SF
Current Use by Public Records
- Retail properties
Property Details for Franchise for Sale in a Flourishing Area of Lexington SC! Turn Ky
- Year built
- 2017
- Property size
- 1,100 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established restaurant franchise in Lexington, SC, presents a compelling investment opportunity. Priced at $99,000, this turnkey operation boasts 1,100 square feet of space in a rapidly growing area of Lexington County (zip code 29072). Built in 2017, the restaurant benefits from a lease with a remaining term of approximately 3.1 years, expiring December 16, 2027. The monthly lease rate is $3,998.75, encompassing CAMs, taxes, and insurance. The business includes a fully equipped commercial kitchen featuring ample seating (both indoor and outdoor), extensive refrigeration units, a point-of-sale system, and various other essential equipment including prep tables, freezers, refrigerators, toasters, blenders, and a coffee brewer. Currently employing eleven staff members, the franchise offers comprehensive training for the new owner. Lexington's robust population growth, particularly among families and young professionals, fuels strong market demand. The location's proximity to Columbia, SC, and its visibility along a high-traffic road (averaging 40,000 vehicles daily) further enhance its appeal. The current owner is selling for personal reasons. This presents a unique chance to acquire a profitable, established business in a dynamic and desirable market. The restaurant's success is underpinned by its prime location, strong local economy, and the established franchise model.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.2739
- Latitude
- 33.9989
