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Legendary Upstate Breakfast/Lunch Spot - Real Estate Included

Greenville, SC (Greenville County)

Legendary Upstate Breakfast/Lunch Spot - Real Estate Included
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Asking Price: $525,000

Cash Flow: $80,000

Gross Revenue: $440,000

EBITDA: $80,000

FF&E: $100,000

Inventory: $4,000*

Real Estate: $450,000

Established: N/A

*not included in asking price.

Legendary Upstate Breakfast/Lunch Spot - Real Estate Included

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Business Description

A Breakfast/Lunch Joint Where Everyone Knows Your Name!!

Iconic breakfast/lunch joint has been an Upstate staple for more than 25 years now. With as loyal following as you'll find, it's a gem - and a valuable investment including the real estate.

This family-owned spot has been serving up one of the best breakfast and lunch menus to hungry diners from all over the Upstate market for many years. Today, the owners are ready to pass the torch and let someone else write the next chapters in the story.

The history of the Upstate is written all over the walls - with memorabilia and generations of customers chatting up the news of the day, which is usually a breakdown of the latest Tigers victory.

* Operation already set up for success
* 4,500Sf restaurant, 180 seats
* Sales revenue of $440,000
* Plenty of parking
* Bank financing available

Detailed Information

Location:
Greenville, SC
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,500
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free standing building in the heart of Tiger Town. Plenty of parking. Private dining room.
Competition:
Lots of history. Loyal following.
Support & Training:
Yes - owner will train
Reason for Selling:
Other Business Interests
Business Website:
http://www.restaurantstore.com
Contact Seller

Contact the Seller

(from currently available funds)
 
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Sherman Walters

Business Listed By:
Sherman Walters

National Restaurant Properties

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