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Note Sale

Charleston Snack Bar

Restaurant for sale in Charleston MS

Listing Contacts

Active

Asking Price: $220,000
Earnest Money  Deposit: 1% min.

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Address 

120 Main St, Charleston, MS 38921

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Date Added
Oct 6, 2024
Days on Market
255 days
Time Since Last Update
43 days

Loan Details

Loan StatusSub-Performing
Origination UPB$250,000
Current UPB$180,000
Note Rate Ceiling2.00%
Note Rate TypeFixed
Note Rate Interest Margin8.00%
Number of Loans1
Weighted Avg Coupon1.00%
Weighted Avg LTV2.00%

Collateral Details

Property TypeBusiness for Sale, Hospitality, Note/Loan, Office, Retail
SubtypeBusiness and Building, Convenience Store, Restaurant
ClassA
Brand/TenantDollar Tree
Square Footage2,000
Net Rentable (sq ft)2,000
Units1
Year Built1950
Stories1
ZoningCommercial
Lot Size (acres)0.6
APN060G01015
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Marketing Description

The Snack Bar in Charleston, Mississippi, is a beloved local gem offering classic Southern comfort food, a cozy atmosphere, and friendly service.​ With a variety of snacks, quick bites, and traditional dishes, it's a go-to spot for both locals and visitors seeking authentic flavors.​ This turn-key business is income-producing and available for sale, featuring utility bills that average $400 per month.​ Fully equipped and ready to start making money immediately, the business includes all necessary equipment and has a staff in place that can be retained or modified to suit your preferences as the business grows.​ The venue is also available for lease for private parties, business events, and other special occasions, providing a versatile space for any gathering.​ Additionally, possible owner financing is available, making it an excellent opportunity for a buyer looking to hit the ground running.​ Advance notice is required to tour the property, and a video walkthrough is available online.​

Investment Highlights

Turn-Key Restaurant Opportunity in Charleston, MS - The Snack Bar

Ready to own a profitable and beloved local business? The Snack Bar in Charleston, Mississippi, is your chance to step into an established, income-producing restaurant that locals and visitors alike rave about. Known for its Southern comfort food, cozy atmosphere, and warm hospitality, this business offers a menu of snacks, quick bites, and traditional dishes that keep customers coming back.

Why Buy This Business?

  • Turn-Key & Ready for Profit: Fully equipped with all the necessary kitchen appliances, furniture, and fixtures, making it easy to start operations right away. With average utility bills around $400 per month, you'll have low overhead costs and steady cash flow.

  • Versatile Venue Space: The Snack Bar isn’t just for day-to-day dining—it’s a sought-after venue for private parties, business events, and special occasions, providing an additional revenue stream and community presence.

  • Staff & Customization: The current staff is in place and ready to assist, or you have the flexibility to build your own team as you grow the business.

  • Owner Financing Available: For qualified buyers, owner financing is an option, offering a smoother path to ownership.

This business is ideal for anyone looking to own a successful restaurant with strong community roots and room for growth. Don't miss out on this opportunity to make your mark in Charleston's culinary scene! Advance notice is required for property tours, and a video walkthrough is available online to explore the business before visiting.

Step into Success: Reach out now to learn more about this turn-key restaurant opportunity and start generating revenue from day one!

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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Additional Information
Broker Name
Glenn McDonald
Broker License
MS MS 18761
Brokerage Name
Integrated Assets - Sperry
Broker Title
Real Estate Broker
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