For Sale
$525,000

000 InCharleston, SC 29401

Thriving Charleston eatery, high profits.

Overview

Added:
Dec 11, 2024
Days on market:
114
This established Charleston restaurant, built in 2015, presents a lucrative investment opportunity. Boasting 1,450 square feet of space, the restaurant comfortably seats 36 indoors and 12 outdoors, catering to dine-in, takeout, and delivery customers. Gross sales reached $748,346, generating a remarkable owner's cash flow of $190,046 – a 25% return. The menu features classic Lowcountry dishes and modern options, complemented by a beer and wine license. Located in a desirable neighborhood, the restaurant benefits from a high-density population of locals and tourists, with nearby hotels and Airbnbs. The current lease, at $4,900 per month (including rent, CAMs, taxes, and insurance), extends until July 2026, and includes off-street parking for the owner. SBA financing is available for qualified buyers. The fully equipped commercial kitchen includes a vent hood, grease trap, six-burner oven, griddle, fryer, chilled display case, and ample refrigeration. The seller is retiring and while they prefer not to provide training, they may consider it with a strong offer. This turnkey operation is ready for a new owner to continue its success. The restaurant's unique casual Southern dining concept, combined with its prime location and strong customer base, ensures continued growth potential.

Highlights

  • Listing #: 18381
  • Asking Price: $525,000
  • Location: South Carolina, Charleston
  • Lease: 2-year term with options; Monthly rent: $4,551.79
  • Seating: 36 inside, 12 outside; 1,450 sq ft interior
  • Equipment: Includes hood system, grease trap, six-burner oven, two fryers, flattop griddle, refrigeration, shelving, and various ware. Full equipment list pending.

Property Details for 000 In

Property type
Retail properties, Restaurants
Square Feet
1,450 SF
Year Built
2015

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7791432
Longitude
-79.9248669
000 In, Charleston, South Carolina

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000 In
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