High Volume, Upscale Restaurant in Upstate SC
Location: South Carolina > Greenville County > Upstate, SC
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $890,000
Gross Revenue: $1,812,702
Cash Flow: $318,727
Inventory: $6,000 (Included in Asking Price)
FF&E: $545,000 (Included in Asking Price)
Real Estate: (Included in Asking Price)
Business Summary
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!
About the Business
Year Established: 2004
Employees: 36 full time - 2 part time
About the Sale
Management Training and Support: Negotiable
Reason For Selling: Owners Are Relocating

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Listing Tools
BizQuest ID:894293
Seller ID:RG 83103
Business Listed By
Name:Alan Melton, CBI, CBB
Company:Empire Business Brokers of Greenville-Spartanburg
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