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$1MM+ Casual Dining Gem (Real Estate Included)

Greenville, SC (Greenville County)

$1MM+ Casual Dining Gem (Real Estate Included)
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Asking Price: $950,000

Cash Flow: $150,000

Gross Revenue: $1,138,000

EBITDA: $150,000

FF&E: $125,000

Inventory: $10,000*

Real Estate: $600,000

Established: 2012

*not included in asking price.

$1MM+ Casual Dining Gem (Real Estate Included)

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Business Description

This high-volume restaurant & bar generates over $1.1MM in annual revenue on a 32-hour-per-week "dinner only" schedule - offering the opportunity of a high-level income with a work schedule that is an operator's dream.

An immaculately-maintained free-standing facility located in a rapidly-growing Upstate residential area supported by weekend and vacation lake visitors. Facilities include a large full bar + over 100 indoor seats and an enclosed four-season patio area with an additional 40 seats. Over 2+ acres of property.

* Over $1.1MM of annual revenue on a dinner only schedule
* Immaculate & large kitchen - 24 foot hood system, 2 walk ins, large office space
* All restaurant assets convey w/ sale - FF&E, menu, recipes, trademarks, social media accounts, etc.
* 3,400+SF building, plus an additional 900+SF of patio dining space
* Over 2+ acres, with additional revenue generating potential

Note: Owner will also consider leasing the property & selling restaurant only for $395,000 and $4,500/month Full Net Lease

Detailed Information

Location:
Greenville, SC
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,400
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Immaculate Free-Standing Building on over 2+ Acres 24 Foot Hood System + 2 Walk Ins 100+ Seat Indoor Dining + Four-Season Patio
Competition:
Sales have grown steadily over the past 3 years as the residential growth in the area has continued to grow.
Support & Training:
Yes - owner will train for 2 weeks after closing
Reason for Selling:
Semi-Retirement
Business Website:
http://www.restaurantstore.com
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(from currently available funds)
 
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Sherman Walters

Business Listed By:
Sherman Walters

National Restaurant Properties

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