316 79th Ave. N.
Myrtle Beach, SC 29572

$75,000 with BELOW MARKET LEASE of $1600 per month plus $150 for taxes.

 

Check out their photo gallery online: https://kindbellycafe.com/gallery/ 

 

TWO BLOCKS TO THE BEACH. 316-79th Ave. N. :KINDBELLY LOCATION:Incredible opportunity to own a 40-50 seat café on the north end of Myrtle Beach in a unique, locals favorite prime location with a beautiful outdoor deck and patio. Once a beloved healthy choice breakfast and lunch café that exceeded $400k in gross sales in 2019. Accommodates both indoor/outdoor dining along with online ordering with pickup, and also catering to your corporate or family needs. Sale includes the business, along with all equipment, furniture and fixtures. MUCH cheaper than building from scratch. Established business with a great reputation and returning clientele.

 NO Point of Sale (POS) system goes with the sale. Kitchen will accommodate many different concepts. Priced much lower than the cost of opening a similar restaurant from scratch. Equipment included: 10x10 walk in cooler, interior/exterior storage room, 12 burner range with hood (new 2015), (2) Quiet One VitaMix Blenders, (2) reach In refrigerators, a reach in freezer, (4) sandwich boxes of various sizes and more…Grease Trap, Garden wall irrigation, irrigation pump and sprinklers.

 

They totally "gutted" the space down to the exterior brick walls and did the build out at a HUGE cost of well over the asking price, so you are getting a deal !! Owner's are selling the restaurant space/not the business. Everyone wondering "WHY".. Well the answer is to refocus on other ventures after taking a long break and to enjoy their new family of two little ones under the age of 4. 

 

Also, the Landlord is willing to work a good deal with new purchaser with very reasonable lease terms. 

 

If you are wanting MORE SPACE, then check out MLS#2014373 next door with an additional approx 925sqft. This area of Myrtle Beach is GROWING with many more homes built/under construction/and/or on the "drawing table" for future neighborhoods. Plenty of professional offices in the area as well as the Hospital, Doctor's offices, etc.  Owner has priced it to $ELL, and has it priced much lower than what their accountant advised.  JUMP ON THIS TODAY and have your dream restaurant open quick !!

Buyer will want to purchase their own security and POS.

*Agent is the Landlord's representative and related to the Owner's of the bldg (not related to owner of Kindbelly's).

AGENT TO AGENT REMARKS IN OUR MLS:

The gross sales income for 2019 was over $400k. The build-out associated with transforming the space in to a restaurant with all it entailed cost the owners of Kindbelly approximately $230,000.

I also represent the owners of the building itself, as Landlord of whom I am related.  We will do a NEW LEASE to a NEW TENANT for $1600 per month plus $150 for property taxes for a total of $1750.  On another topic: Parking: IF the City of MB does not require the new tenant to obtain a parking lease across the street, then that would save additional money.  Kindbelly leased 5 parking spaces as per the City of MB instructions when they opened the restaurant.  I think that needs to be revisited and hopefully avoided because they are paying for a parking lot NEVER USED nor needed at a rate of $175 per MONTH.  If your buyers are wanting additional space, then check out MLS#2014373 next door with an additional approx 925sqft for $1400 per month.