For Sale
$585,000

1911 Sc-544Conway, SC 29526

Thriving Pub & Grill, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This established, 3,900 square foot Class A Sports Pub & Grill in Conway, SC is offered for sale at $585,000. Located on Highway 544, it boasts a strong reputation and loyal clientele, benefiting from its location near Coastal Carolina University and a growing community. The business includes a fully equipped kitchen, recently renovated restrooms, an outdoor bar, and multiple high-definition TVs. The 13-year NNN lease (2.8 years remaining) features a credit-rated tenant and a strong NOI of $117,002, resulting in a 20% cap rate. The property offers versatile event space, accommodating up to 88 guests, ideal for game-day parties, live music, corporate events, and private celebrations. Essential licenses, including on-premises beer & wine, Sunday sales, retail, and ASCAP licenses, are in place. Recent renovations enhance both the interior and exterior, creating a fresh and inviting atmosphere. This turnkey operation presents a unique opportunity for experienced operators or newcomers to acquire a thriving business with significant growth potential. The property features one story and single tenancy. The sale includes 100% ownership.

Highlights

  • $585,000 asking price for a Class A, 3,900 square foot, single-tenant business.
  • Established Sports Pub & Grill with a 13-year NNN lease (2.8 years remaining) in Conway, SC.
  • Strong financials: $117,002 NOI and a 20% cap rate.
  • Turnkey operation with recent renovations, including upgraded kitchen and outdoor bar.
  • Prime location on Highway 544, serving a growing community and Coastal Carolina University students.

Property Details for 1911 Sc-544

Property type
Square Feet
3,900 SF
Class
A
Stories
1
Units
1

Location Insight

City
Conway
County
Horry
State
South Carolina
Latitude
33.765212823053
Longitude
-79.018865148811
1911 Sc-544, Conway, South Carolina

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1911 Sc-544
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