Elmo's is the greatest place to go for eggs and grits. The shrimp & grits special is particularly good. I've always gotten friendly service, and the prices are very reasonable. I also love being able to get breakfast all day. It can get busy at certain peak times, but Sunday brunch is the only time I just wouldn't go.
Pros: delicious, inexpensive, open late
Cons: crowds at peak times
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