Free Standing Restaurant for Sale with Real Estate

Not Disclosed, SC
Spartanburg County


Asking Price: Annual Revenue:
$2,000,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Free Standing Restaurant for Sale with Real Estate Broker: Sally Doran

Quick Facts

Asking Price: $2,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 16
BBN Listing #: 93168096
Broker Reference #: 9329

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Business Overview:

Independent Restaurant for Sale with Real Estate with over 2 acres of prime Real Estate. Own the Real Estate and be the Landlord! This will not last long on market! Owner financing for a qualified buyer!

This Restaurant for Sale with Real Estate is offered for the first time! The owner of this unique opportunity is looking to retire and wants to find a new owner to take over this popular business. A local favorite! For over 25 years this business has been a top Spartanburg diner. The restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. Serving delicious sandwiches, grilled fare, meatloaf, steaks, salads, soups, sides, kid’s meals and more. Enjoy a fully staffed restaurant with a long-standing and loyal customer base. Owner works the restaurant. For maximum probability the new owner would be on premise. Very little comparable competition in the nearby area.

Now is your chance to own restaurant and be your own landlord. Why pay rent or build from scratch when you can invest even bigger in your future with owning the real estate? This Restaurant for Sale with Real Estate by We Sell Restaurants is100% turn key! The space is 2424 square feet with seating for 95 plus and patio seating for 60 guests .The fully equipped kitchen features large hood, broiler, stove, oven, fryers, and so much more. This kitchen has everything you need to keep the current menu or add some ideas of your own.

Current owner does no advertising, new owner/operator with some creative advertising/marketing along with adding catering/deliveries, and expanding the hours to offer breakfast, the opportunities for growth are endless. This Restaurant for Sale with Real Estate does not get any better. Great parking and amazing exposure. Great staff, cook has been there for years, very loyal crew.

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Property Features and Assets:

1 SS rack with 2 shelves 1 Potato peeler 3 compartment SS sink 1 Wire rack 4 shelves 1 Dish Washer 1 SS Upright Single Refrigerator 2 SS Prep Table 1 Hobart Chopper 1 SS 2 Door Freezer 2 Fryers 1 12 Foot Hood is a fixture 1 Gas Stove with 6 burners and oven 1 Flat Top Grill 2 SS Table 1 Press 19 Tables 8 Booths 29 Chairs 1 Ice Cream Cooler 1 Milk Shake Machine 1 12 FT Cabinet with 3 shelves 1 Time Clock 1 Ice Machine 6 Wire Racks 1 SS Freezer 3 Doors 1 SS 2 Door Refrigerator 1 Sink 1 9Ft Prep Table 2 Microwaves 1 Deli Make Table 1 Steam Table 1 SS Bread Warmer 9 Picnic Tables

Market Competition and Expansion:

Plenty of room for growth and expansion. Located in a dense populated area, you could open a location across town or in a neighboring city.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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