FOOD_SERVICESRENEWED

Horry County Infrastructure & Regulation Committee Meeting Agenda April 2026

Airport Food Concession Lease Renewed With Paradies Lagardere

Minimum annual guarantee of $85,000; 6% of gross revenues up to $1.9 million and 10% above that; approximately $750,000 paid over initial termHorry CountyPARADIES LAGARDEREApril 14, 2026

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Description

The Infrastructure & Regulation Committee supported allowing Paradies Lagardere to exercise a five-year renewal option on its airport food and beverage concession agreement at Myrtle Beach International Airport. The contract features a minimum annual guarantee of $85,000 plus percentage-of-revenue fees and extends successful operations of Starbucks and the Salt and Tide Bar while aligning concession expiration dates.

Contract Details

Contract Amount

Minimum annual guarantee of $85,000; 6% of gross revenues up to $1.9 million and 10% above that; approximately $750,000 paid over initial term

Vendor

PARADIES LAGARDERE

Agency

Horry County, SC

Contract Type

FOOD_SERVICES

Document Date

April 14, 2026

Contract Term

Initial 5-year term commencing in 2021; exercising an additional 5-year renewal option

Renewal Info

One 5-year renewal option under the original 2021 concession and lease agreement is being exercised. Renewal maintains same financial terms: minimum annual guarantee of $85,000 plus 6% on gross revenues up to $1.9 million and 10% above. All airport food and beverage concessions will expire within roughly seven months of each other after this renewal.