The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

High Volume, Upscale Restaurant in Upstate SC

Upstate, SC, South Carolina (Greenville County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $890,000 Inventory $6,000* 
Gross Income 1,812,702 Real Estate  
Cash Flow $318,727 Year Established 2004
FF&E $545,000* Employees ft: 36, pt:2

* included in the asking price

** not included in the asking price

This top level restaurant is located in an upscale metropolitan area in the heart of Upstate South Carolina. The owners have done an incredible job of creating a big city feel, matched with a casual environment and have grown the business to over $2 million dollars in revenue in two years. The restaurant caters to executives and local residents. There is a tremendous opportunity to leverage out on cash flows and growing market. The restaurant is only open for lunch and dinner seven days per week. A new owner could grow the business through marketing, continued word of mouth growth, and by marketing to Upstate corporations. The restaurant serves high quality foods, including aged steaks, fresh seafood, and market salads, along with wine and other beverages. The owners have done little advertising; most customers come in by word of mouth. The business has been the recipient of favorable press and news articles. The owners have family that has moved away; they desire to locate to another area. With SBA financing, a new owner could buy with very little cash down!

Facilities: Building: 6000 sq ft Monthly Rent: $9700 per month Real Estate Available: No

Support/Training: Negotiable

Reason Selling: Owners Are Relocating

AD # 376841

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --