Kings Highway
Myrtle Beach, SC, 29577 $ 375,000
Baths0.0 Sq 3,200 Monthly Estimate*
$ 2,492
Studio
for $375,000. This building is 3,200 square feet.
GREAT INVESTOR OPPORTUNITY!! Well established family-owned Restaurant/Bar business for sale (business only with property lease in place). Are you ready to take the reins of a thriving restaurant and bar with a rich history of success? LOOK NO FURTHER! This well established, family-owned business has been a beloved cornerstone of the community for over two decades, and it's now available for a passionate entrepreneur to continue its legacy of warm hospitality. Nestled in a prime location, this restaurant/bar enjoys high visibility and accessibility. It's situated in a bustling commercial area, surrounded by offices, shops, residential neighborhoods and the airport. This strategic positioning ensures a steady flow of loyal patrons and attracts new customers daily. For 20 years, this restaurant/bar has been a cherished destination for locals and visitors alike. The family's dedication to impeccable service and daily specials has earned an outstanding reputation in the community. Step inside and you'll immediately feel the warm, inviting ambiance that this establishment is known for. The interior is tastefully decorated, blending contemporary elements with classic charm. The spacious dining area accommodates guests comfortably, whether they're enjoying a romantic dinner, gathering with friends, or watching the big game at the well-appointed bar. A cozy outdoor patio is provided for smoking. The kitchen is fully equipped with appliances such as stove, ovens, pizza oven, fryers, refrigerators, freezers and a cooler ensuring the consistency and quality that patrons have come to expect. The restaurant/bar has also cultivated a loyal following for its themed nights, live music events, and special promotions. This turnkey business opportunity comes with a strong financial track record and boasts steady sales. Detailed financial statements and a loyal customer base make this venture attractive to both seasoned restaurateurs and newcomers to the industry. With consistent revenue growth year after year, the potential is significant. Also, a staff of very dedicated employees. The current owners, after two decades of dedication, are ready to pass the torch to someone who shares their passion for food and hospitality. They are committed to ensuring a seamless transition, including training and support during the handover process. The sale includes all fixtures, equipment, furniture and inventory, allowing you to start running the business from day one. You'll also benefit from the well-trained and experienced staff who are integral to the restaurant/bar's success.
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FeaturesGeneralZoning commercial
Stories 1
Levels One
Property SubType Business
Current Use Restaurant
County Horry
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Myrtle Beach
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 1
MLS Area 16G Myrtle Beach Area--Southern Limit to 10TH Ave
Waterfront Y/N N
Carport Y/N N
Street Name Kings Highway
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 186
Standard Status Active
Property Sub Type Additional Business
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ExteriorSpa N
Lot Size Acres 0.0
Lot Size Source Estimated
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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* Excluded FeaturesList ByRealty One Group DocksideBroker
dianavanpelt.realtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,492
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Myrtle Beach, SC
Average List Price $1,829,400
Percent of Sale Price 388%
About Myrtle Beach, SC 36,371 Population
51% Since 2002
$ 41,847 Median Income
40.83 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
285324 Elementary School
285119 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/19/2024 | $375,000 | -5.06% | Price Down |
1/3/2024 | $395,000 | -2.47% | Price Down |
10/13/2023 | $405,000 | -4.71% | Price Down |
9/15/2023 | $425,000 | | Listed Price |