Murrells Inlet restaurant owes more than $1 million, bankruptcy filing says
Salt Water Creek Cafe in Murrells Inlet has filed for bankruptcy months after shutting its doors.
The restaurant owes about $1.8 million, mainly in taxes, according to the 60-page bankruptcy document filed this week.
Salt Water Creek Cafe, which was located at 460 U.S. Hwy 17 Bypass, filed for Chapter 7 bankruptcy, which is when a business sells off items to pay debts. There is not a reorganization plan as with other types of business bankruptcies.
Open since 2008, the restaurant announced its closing in April through a Facebook post, saying it was closing for “financial reasons.” Its menu featured fresh fish, fried seafood, pizza and SWC grit cakes.
The bankruptcy filing states the restaurant has about $21,500 in assets, including $2,000 worth of alcohol.
Salt Water Creeks owes thousands of dollars to various groups including $600,000 to the IRS, $32,000 to American Express and about $1,600 to Santee Cooper, according to the filings.
This story was originally published July 11, 2019 at 12:06 PM.
