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Restaurant Investment Partnership Opportunity Horry County, SC |
Listing #31206 |
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Financial Information (non-confidential) |
Asking Price |
$125,000.00 |
Gross Revenues |
$0.00 |
Down Payment |
$125,000.00 |
Owner’s Cash Flow |
$0.00 |
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Financing: $125,000.00 Down and
Reason for Selling:
The Present Owner Wants an investor/ part owner to help take this project to greater levels especially given the resources that this business has for development.
History, tradition, natural beauty, charm and great food all for the taking in this unique section of the state. First established in 1921, this restaurant has a rustic charm that is hard to find. Located on 27 acres of beautiful land on a major highway and adjacent to a major river which also includes a private island.
The business also includes an adjoining 11 unit motel operation. All restaurant equipment has just been replaced including a large carousel smoker.
5,800 square foot and 190 seating capacity. Opening for dinner, the menu is to feature oysters, seafood, and steaks. Very little competition; The site has the potential for further development with campground, bait and tackles shop as well as hosting events and concert. Local village is undergoing rezoning to enhance development here. Great ground floor opportunity for an active or an inactive participant.
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David McPherson Senior Business Broker
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Servicing Area:
Wake County, NC Durham County, NC Orange County, NC Cumberland County, NC Alamance County, NC Guilford County, NC Mecklenburg County, NC Horry County, SC
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |