THE Upstate Italian Stallion! Good 6-Figure Income - SBA Qualified

Greenville, SC (Greenville County)

THE Upstate Italian Stallion! Good 6-Figure Income - SBA Qualified
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Asking Price: $180,000

Cash Flow: $130,000

Gross Revenue: $704,000

EBITDA: $130,000

FF&E: $100,000

Inventory: $14,000*

Rent: $3,333 /Month

Established: 2000

*not included in asking price.

THE Upstate Italian Stallion! Good 6-Figure Income - SBA Qualified

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Business Description

A True Upscale Gem - Price Right to Move!

This Upstate Pizza & Italian restaurant has been around for nearly two decades, serving up some of the best dishes in the entire area. Now, the owner is retiring and looking to pass the torch onto someone with the energy to keep it going for another 20 years.

Located in one of Greenville's most prosperous suburb communities, this place has everything a new business owner is looking for ... strong revenue, very solid cash flow, a a very reasonable lease with a great local landlord that understands the business and wants the next operator to have just as much success.

* Open 6 days/week
* Sales Revenue: $704,000 (documented)
* Documented Cash Flow: $130,000 (not including manager's salary)
* Rent: $3,333/month
* 3,100SF w/ 90 seats
* SBA-Qualified

Detailed Information

Location:
Greenville, SC
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,100
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
End cap strip center. High traffic corridor. Very desirable Greenville suburb.
Competition:
Location is one of the most desirable Greenville suburbs. Very well established business for nearly 20 years Truly a big fish in a little pond scenario
Support & Training:
Yes. Owner will train for 2 weeks after transfer
Reason for Selling:
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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