111 Ribaut Road, Beaufort, SC 29902

$410,000

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List Price
$410,000
Status
ACTIVE
MLS#
195250
Price Change
▼ $115,000 1784924941
Year Built
1969
Region
Beaufort
Subdivision
NOT in a Subdivision

Property Description

Business For Sale: Maryland Fried Chicken is an independently owned Beaufort Institution that is, after all these years, for sale. Opening its doors in 1969, this business has been serving Beaufort Citizens and Visitors top notch fried chicken, seafood, pork chops and all the fixings ever since. Customers can get their quick served soul food fix via drive thru or dining in. The hours of operation have only been from 11:00am to 6:00pm five days a week, yet annual revenues are consistently in the $1.2M range making this a prime opportunity for the next owner-operator to increase cash flow by expanding hours and offerings. This is a turnkey key business including all equipment, recipes, signage, and a new lease. The property can also be purchased together with the business as a package deal. Financials are available for serious buyers after signing an NDA. New lease is starting at $25/sf NNN for 10 years or more.

Additional Information

Acres
0.24
Heating
Central
Cooling
Central Air
Floors
Tile
Foundation
Slab

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Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of The HomesFinder Realty Group, from Lowcountry Regional MLS.

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This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Lowcountry Regional MLS for use by its members and is not intended for use for any other purpose.