For Sale
$150,000

2 Miles Off I95Summerville, SC 29485

Summerville, SC: Thriving Business Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional, turn-key restaurant and event space, located just two miles from I-95 in Summerville, South Carolina, presents a unique investment opportunity. Boasting 5,000 square feet, the property includes a full-service restaurant with a bar and adjoining café, a climate-controlled enclosed patio, and a pet-friendly covered patio. A second-floor event space, complete with its own bar, offers additional revenue streams through on- and off-site catering. The restaurant features a full American fare menu, serving lunch, brunch, and dinner, and enjoys high ratings on TripAdvisor and Yelp, attracting both local and interstate travelers. Weekly entertainment, including live music, trivia nights, and karaoke, enhances the customer experience. The fully equipped kitchen includes a 12-foot vent hood, fryer, flat top, six-burner gas stove, oven, and walk-in cooler and freezer. All furniture, fixtures, and equipment are included, allowing for immediate operation. The current lease has one year remaining with options for renewal. The monthly rent is $5,000, representing a base rent of $12 per square foot. The business benefits from a strong team of 17 employees, including three full-time and ten-plus part-time staff, along with two managers for front- and back-of-house operations and a dedicated office manager. The asking price is $150,000. The property's strategic location near I-95, coupled with the recent development of a Google Data Center and the upcoming construction of 300+ homes, positions it for significant future growth. This is a rare opportunity to acquire a well-established, profitable business with substantial expansion potential. The business generated $469,491.17 in net sales. The seller is motivated to sell due to health reasons.

Highlights

  • Leasehold interest with one year remaining, plus renewal options.
  • $5,000 monthly rent.
  • 5,000 square feet; 70 indoor seats.
  • Fully equipped kitchen with 12-foot hood, fryer, flat top, six-burner stove, oven, walk-in cooler/freezer.
  • $469,491.17 net sales.
  • Prime location near I-95, benefiting from nearby Google Data Center and new residential development.

Property Details for 2 Miles Off I95

Property type
Retail properties, Restaurants
Square Feet
5,000 SF
Year Built
2018

Location Insight

City
Summerville
County
Dorchester
State
South Carolina
Latitude
32.9517248
Longitude
-80.1986649
2 Miles Off I95, Summerville, South Carolina

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2 Miles Off I95
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