Established Italian Restaurant in South Carolina

Gaffney, SC
Cherokee County


Asking Price: Annual Revenue:
$200,000 $547,934

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Italian Restaurant in South Carolina Broker: Sally Doran

Quick Facts

Asking Price: $200,000
Annual Revenue: $547,934
Net Profit: Not Disclosed
Cash Flow: $113,569
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 11
BBN Listing #: 68078096
Broker Reference #: 9240

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Business Overview:

Buy this Italian Restaurant for Sale with sales over $500,000 and an owner/operator taking home over $113,000 owner benefit. Established business with great signage directly on Interstate 85!

This long established and successful Italian Restaurant for Sale has been in this location since 1998. The current owners have continued this long successful track record and are now ready to hand the keys over to a new owner. Get ready to take this restaurant to the next level.

This Italian Restaurant for Sale offered by We Sell Restaurants is very simple to operate. No ingredients are frozen or canned. It is all fresh ingredients and scratch-made which the current owner providing two weeks of FREE training to make sure you have all the recipes and get general questions answered. Excellent reputation for large portions and homemade Italian favorites. Custom pizza, specialty pizzas, salads, pasta, soup of the day, and homemade lasagna.

They offer delivery, pick up ,carryout, and dine in. Sales of over $500,000 per year with very limited advertising by the current owner! Building out a new restaurant will cost you more than $400,000 or more. This is truly a turn key operation! The fully equipped commercial kitchen includes everything you need to continue making dough! The list includes two pizza ovens, fryers , walk in cooler, walk in freezer , hobart mixer, flat top grill and much more. Everything you need to continue operating this successful restaurant for sale. This Italian Restaurant for Sale has seating for over 200 patrons and has a huge separate dining area to host big private parties for about 75 or more people. Located in a high traffic area. It is highly visibility from the road, as it sits directly off a main highway where thousands of vehicles pass daily.

The lease for this 5,000 square foot space is very reasonable. A new lease was recently signed, which gives you 8 more years at this long established location. The lease amount for this Italian Restaurant for Sale is a doable $4,500.00.

Call the Restaurant Brokers today with your offer! This Italian Restaurant for Sale is priced to move!

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Property Features and Assets:

1 60 Qt Floor Mixer 1 Slicer 1 Dish Washer 1 Display Cases 1 Computer System 1 4ft SS Table 1 Beer Cage 1 Delifield 1 Door Refrigerator 1 Cooks Table Casters for Pizza Rail Misc Artwork and Decor 1 Pizza Warmer 1 Electric Griddle 1 Ingredient Bin Gas Kits Glass Racks Mildleby Marshall PS200 Frymaster Deep Fryer New Fryer 3 POS System 1 SS Oven 1 SS Deli Make Table 1 Ice Machine 1 SS Reach in Cooler All Tables All Chairs All Booths Misc Pots and Pans 3 Printers 1 Walk in Cooler is a fixture 1 Walk in Freezer is a fixture 1 Hood is a fixture

Market Competition and Expansion:

Plenty of room for growth and expansion. Located in a dense populated area. Gaffney is currently growing at a rate of 0.45% annually and its population has increased by 2.97% since the most recent census.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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