Steak ‘n Shake Myrtle Beach
LOAN DETAILS
Location
Myrtle Beach, South Carolina
Term
25 years
History
To provide financing to acquire a Steak ‘n Shake restaurant in Myrtle Beach, South Carolina.
The Steak ’n Shake restaurant is a single-story building consisting of 4,200 square feet and 99 seats. The improvements were constructed in 2006.
The restaurant is located just off the intersection of Veteran’s Highway and Route 17 in a well established commercial market in Myrtle Beach, South Carolina. Steak ’n Shake is situated at the northern end of the Tanger Outlet Mall which contains over 60 retail outlet stores.
Myrtle Beach is a popular vacation destination and also has a strong convention industry. The population of Myrtle Beach Trade area is approximately 436,880. The area convention and visitors bureau estimated that over 14 million people visited Myrtle Beach in 2010.
Thomas USAF is assisting with the financing needs of several other Steak ‘n Shake projects in South Carolina and Georgia. Please contact us if you are a franchise looking for financing as we have assisted many other brands across the country.