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Downtown Diner - Turn Key & Ready to Go (Owner-Financing, 75K Down)

Greenville, SC (Greenville County)

Downtown Diner - Turn Key & Ready to Go (Owner-Financing, 75K Down)
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Asking Price: $195,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Downtown Diner - Turn Key & Ready to Go (Owner-Financing, 75K Down)

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Business Description

Diner 24 is back on the market! New price w/ owner-financing available. Nearly 20 years of very under-market lease available on this brand-new build out.

Now being offered for sale at $195,000 w/ owner-financing for a qualified operator. $75,000 Down Payment

This is an opportunity to take advantage of an immaculate build-out at a fraction of the price. The process of this historic building’s conversion to a classic diner has been well-documented in local media outlets. The owner’s spared no expense (over $1MM) in putting exquisite touches on everything – from the brand new kitchen to the 1950’s-style décor. The venture was short-lived due to numerous internal challenges – challenges that a local operator would not be faced with.

Let’s face it – their operational struggles don’t change the fact that Downtown Greenville needs more moderately priced menu options & the rent structure here allows you to do just that.

Their Loss is Your Gain!

In the heart of downtown Greenville, the 4th fastest-growing metro area in the entire U.S.
You will inherit a lease that is significantly lower than current rate of other downtown tenants – $5,000/month currently – with over 15 years of options. Savings approx $50,000/year.
3,000+/-SF on two levels – upstairs offers a great corporate meeting venue.
Contact our NRP Upstate team to schedule an appointment to tour this space.

Detailed Information

Location:
Greenville, SC
Facilities:
Very under-market lease! 20 years of lease already in place.
Reason for Selling:
Restaurant Closed
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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