For Sale
$799,000

000 Owner ProfitsBeaufort, SC 29902

Profitable waterfront eatery, established clientele.

Overview

Added:
Dec 11, 2024
Days on market:
114
This thriving Beaufort, South Carolina waterfront restaurant presents a unique investment opportunity. Boasting 3,400 square feet of space, including a substantial outdoor deck, this 2020-built establishment generated $1,574,695 in gross revenue in 2023, yielding a remarkable $274,631 in owner profit. The current lease has four years remaining (expiring December 30, 2028), with options for assignment. Monthly rent is exceptionally low at $2,300, with no CAM charges. The fully equipped commercial kitchen features a custom walk-in refrigerator, hood system, grease trap, char grill, flat top, fryers, and extensive prep equipment. A comprehensive inventory of furniture, fixtures, and equipment (FF&E) is available upon request. The restaurant comfortably seats over 200 patrons, with a dedicated private event space capable of hosting up to 150 guests. The current staff, boasting an average tenure of three years, is highly trained and loyal, contributing to the restaurant's consistent success. This turnkey operation benefits from a strong local following and a full liquor license, providing a solid foundation for continued growth and profitability. The sale includes all existing equipment, except for two ice machines which are leased at $250 per month. This exceptional opportunity combines prime location, proven profitability, and a well-established operation, making it an ideal acquisition for experienced restaurateurs or savvy investors. The business currently employs 20 people.

Highlights

  • High-profit waterfront restaurant generating $275,000 in owner income (17% cash flow on $1.575M in 2023 sales).
  • 3,400 sq ft interior plus a large deck, seating over 200 guests. Low monthly rent of $2,300 with no CAM charges.
  • Fully equipped commercial kitchen including walk-in refrigerator, hood system, grill, flat top, fryer, POS system, and sound system.
  • Full liquor license, experienced staff (average tenure 3 years), and low labor costs (27% of sales including tips).
  • Turnkey operation with existing décor, private event space accommodating up to 150 guests, strong local following, and a 4-year lease assignment available.

Property Details for 000 Owner Profits

Property type
Retail properties, Restaurants
Square Feet
3,400 SF
Year Built
2020

Location Insight

City
Beaufort
County
Beaufort
State
South Carolina
Latitude
32.4180118
Longitude
-80.688554
000 Owner Profits, Beaufort, South Carolina

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000 Owner Profits
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