Well established Bar and Grill featuring Pizza, Pasta, Salads, and Seafood
Entries. This 3800 square foot restaurant has an open kitchen with a Woodstone
Oven looking out over inside seating for 75. Established in 2011, the company
has been profitable and growing since year one.
The location is in the prime
tourist area of Hilton Head Island drawing vacationers within walking distance
from their oceanfront condo's. In addition to the comfortable upscale seating
indoors are our three distinct patio areas surrounding the building. There are
two outside bars servicing outdoor dining customers and take out customers
walking to the most popular beach on the Island.
The small boutique shopping
center features retail shopping with two restaurants that are non competing.
Live music is scheduled in season for 12 weeks through Labor Day. The company
enjoys the security of an 18 year lease that will remain as to length of time
with some adjustments made to rents and taxes to a new tenant.
With primary
costs of food, alcohol, and labor never over 55 %, the company is well
positioned to consistently return 25%- 30% to ownership. In March 2025 the
company expanded to a second location 25 miles inland to a rapidly growing
community of Bluffton South Carolina. This location is not included in the
offering by the owners but would possibly be open to future option to purchase.
Reason for sale is one partner is preparing for retirement.