Unique High Traffic Dining Concept
Greenville, SC Greenville County
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- RE: Unique High Traffic Dining Concept
- Contact: Jon Swift
Quick Facts
| Asking Price: | $160,000 | |
| Annual Revenue: | $463,978 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $107,714 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 3 | |
| Employees: | 7 | |
| BBN Listing #: | 1002498 | |
| Broker Reference #: | 1210-19196 |
Business Overview:
PRICED TO SELL; One of Greenville's most unique food venues with a huge customer base that continues to grow. Seller has other business investment opportunities that needs his full attention. The business is comprised of two different concept limited service restaurants in close proximity, with a skilled manager overseeing both locations. The current owner is an absentee owner which an investment buyer could continue or an operating buyer could step in and run the restaurants themselves, which would add significant cash flow. The sale is priced as an absentee investment, well below 2X SDE for an owner-operator. Neither location sells alcohol, so no worry about the exorbitant insurance premiums and SC liability issues many restaurants suffer from.
Contact the Seller:
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Property Features and Assets:
The restaurants operate in two leased facilities in one of Greenville's city center's hottest growth areas. A guaranteed built-in customer traffic flow that continues to grow as the area continues to develop.
Assets = $19,000
Market Competition and Expansion:
This is a great opportunity for an investor to own a solid and well known establishment in Greenville. This type of opportunity does not come up often, and its ownership would be a cool, low-risk asset in your portfolio.
Growth would be moderate but the opportunity would be continued menu changes and adding more higher ticket options. The continued growth in Greenville, along with these ideal locations, always drives sales to this business. A very unique and limited opportunity for these locations to be on the market, and especially these combined values.
Reason for Selling:
A local absentee owner looking to sell two unique food concepts. Kindly ask the seller for more information.
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
Relevant Links:
- View more South Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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