Property profile

Wylie! Thriving Restaurant For Sale In Lk Clover, SC 29710

OFF-MARKET
Retail properties & Spaces
2,543 SF Built 2017
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Property summary

AI-generated overview

This thriving Lake Wylie, SC restaurant is offered for sale at $225,000. Established in 2017, this 2,543 square foot eatery boasts a 5-year lease expiring April 30, 2025. The business enjoys a prime location with high visibility and ample parking, attracting a loyal customer base and generating a gross revenue of $1,462,931 and a cash flow of $146,804. The sale includes a fully equipped kitchen featuring two deep fryers, a charbroiler, a flat top, a six-burner stove with oven, and a walk-in cooler, among other equipment. The dining area comfortably seats 59 patrons indoors, supplemented by outdoor seating. The restaurant is not a franchise and is an asset sale, with no seller financing available. The current owner employs 18 people and is selling for personal reasons. Third-party delivery services are available, enhancing revenue streams. This turnkey operation presents a unique opportunity for a culinary entrepreneur to acquire a well-established, profitable restaurant in a growing South Carolina community. The restaurant's success is evidenced by positive word-of-mouth and online reviews. All systems are in place for a seamless transition and continued profitability. This is a rare opportunity to own a successful restaurant with a proven track record.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 2,543 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Wylie! Thriving Restaurant For Sale In Lk Clover, SC 29710
Clover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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