Neighborhood Restaurant Grill
Not Disclosed, SC Richland County
Midlands of South Carolina
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- RE: Neighborhood Restaurant Grill
- Contact: David Smith
Quick Facts
| Asking Price: | $324,900 | |
| Annual Revenue: | $972,148 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $171,494 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $32,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 19 | |
| BBN Listing #: | 943614 | |
| Broker Reference #: | 1207-18286 |
Business Overview:
Community Restaurant and Bar serving burgers, wings, salads, sandwiches, fish and more. The bar is the local "Cheers", where people from neighboring communities gather for laughs and good times.
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Property Features and Assets:
The Restaurant, which seats 132 people. is located in a small strip mall. They are 3 months into a 3 year lease with an option for an additional 3 years.
Assets = $37,600
Market Competition and Expansion:
Like any restaurant, there are multiple competitors within a 3-mile radius. Only one nearby restaurant has similar food offerings, however, the menu is pricier and the location is in a traffic congested area.
Reason for Selling:
Personal Reasons.
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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