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Santee, SC

  • Listing No.: 101-20814

  • Category: Bar/Liquor, Food - Restaurant, Retail

Asking Price $499,000
Down Payment $150,000
Gross Revenue $1,542,585
Total Adjusted Net Income $244,150
Equipment / Fixtures $20,000
Year Established 2007
General Location Santee, SC
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Established nearly 15 years ago, this is a very well know dinner restaurant in the area. Seller is offering 50% seller financing, alternatively, SBA has pre-approved the business for only 10% down. You could purchase, for $75,000 down a profitable business netting over $244,000 per year. You wont find a better return than this if you have experience in the restaurant industry. Support and Training will be outstanding ensuring a smooth transition. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away.

Gross Revenue $1,542,585 Listed Price $499,000
Total Income $244,150 Down Payment $150,000
Base Rent $5,000 Square Feet 4500
Total Rent $5,000 Lease Expiration
Rent Deposit Lease Options
Inventory $5,000 Leasehold Improvements $150,000
Equipment / Fixtures $20,000 Other Assets
Full-Time Employees 19 Training Period 14 Days
Part-Time Employees Special License Required Beer, Wine, & Liquor including Sunday License
Contract Staff Reason for Selling Seller is retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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