Fine Dining Restaurant

Location: United States -> South Carolina -> Georgetown County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

Restaurant for sale is fine dining establishment in high visibility resort location. This serves ‘low country’ cuisine and appeals to vacationers, golfers and locals. Seller’s price does not include use of the ‘Mayor’s House’ name. Seller would be willing to include this well established and respected name for $50,000 additional which he would finance. List price $125,000. Email or call William Keaton at 843-627-3200 for more information.

Financials

Asking Price Range: < $250K
Gross Revenues: $389,968
Cash Flow: $1,628
Cash Flow Type: Sellers Discretionary Cash
Inventory: $20,000
Seller Financing: Yes

About The Business

Year Established: 1978
Number of Employees: 10 – 19
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: 4 weeks at no additional cost.
Reason For Selling: Retirement.