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- RE: Casual Restaurant And Lounge In Spartanburg County
- Contact: Barry Johns
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $602,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 11 | |
BBN Listing #: | 920855468 | |
Broker Reference #: | 66448-284485 |
Business Overview:
Casual Dining with Best Steaks in Spartanburg County. Menu features Seafood and Steaks as well as other delicious main course items. Salad bar is outstanding and appetizers are wonderful.
There is also a beautiful bar and sitting area to allow customers to sit in leisure while talking or watching TV's.
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Property Features and Assets:
Monthly Rent: $3,000.00
Square Units (Foot, Meter): 5,400
Lease Expiration Date: July 30, 2028, 9:00:00 PM
Facilities: Brick building facility that has been completely updated. Architecture, lighting and layout is very well done. No other upgrades needed. Well thought out and truly turnkey facility.
FF&E Overview: The Building and all of the Restaurant furniture and assets are like new. The kitchen is spotless and also like new. Very impressive.
FF&E General Condition: Excellent
Market Competition and Expansion:
Competition: Nothing else around like it. Very unique with menu, chefs, lounge and atmosphere.
Expansion: Potential growth is very positive. With everything in this facility being new and the building interior recently remodeled, all someone has to do is turn on the lights. Great staff with exceptional Chef's make this an opportunity for success.
Reason for Selling:
Other Business Interest.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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