3711 Palmetto Pointe Blvd. Unit Suite 4, Myrtle Beach, SC 29588

Property Description

Gemma's Cafe –an established and thriving pizza business for sale that has delighted customers since 2022! This lucrative opportunity offers a turnkey operation with a cap rate of 63%, making it an enticing prospect for aspiring entrepreneurs. Gemma's Cafe has been serving mouthwatering pizzas and creating memorable dining experiences since 2022. Nestled at 3711 Palmetto Pointe Blvd in Myrtle Beach, Gemma's Cafe occupies an end unit spanning 1250 heated square feet. The outdoor fenced-in patio (20*10) adds charm and offers additional dining space. All equipment, meticulously chosen and purchased new in 2022, is included in the sale. This ensures a seamless transition for the new owner. The unit boasts a spacious dining area with seating for 20 customers, a well-planned and expansive kitchen designed for efficiency, a private office, public restrooms, and an outdoor storage shed at the back. The comprehensive list of assets is available upon request, providing transparency and insight into the business's value. The business is listed at a cap rate of 38%, showcasing its profitability and potential for a lucrative return on investment. The lease is in place until 2027 and is assumable. The accommodating landlord and favorable lease terms provide stability for the new owner. Landlord is open to extend after 2027. Gemma's Cafe has successfully built a loyal customer base in the Socaste and Market Commons area, ensuring a steady flow of patrons. The sellers are committed to ensuring the success of the new owners by offering up to 2 weeks of training and sharing their expertise and insights. Whether you're an experienced chef or a savvy investor, Gemma's Cafe presents an incredible opportunity to take over a thriving pizza business with a solid foundation, prime location, and all the necessary elements for continued success. Don't miss this chance to own a slice of culinary excellence in Myrtle Beach!