Newly Renovated Restaurant for Sale in Historic Spartanburg Building

SPARTANBURG, South Carolina

Asking Price	$339,000	Year Established	2025
Annual Revenue	$796,759	Reason for Selling	Retirement
Annual P/L		Attention	Justin Scotto
Annual Cash Flow	$0	Listing Number	1017253
# of Employees	9	Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Bring your restaurant vision to life with this second-generation Restaurant for Sale in Spartanburg, South Carolina. Offered by We Sell Restaurants, this newly remodeled location provides approximately 5,500 square feet of space with seating for 84 guests inside plus dedicated patio seating for 18. Located in a historic building, the restaurant combines character with a spacious, functional layout ready for a new operator to bring their own concept and make the space their own.
The interior offers plenty of flexibility with a generous bar area, open dining space, and room that can be configured for private dining, special events, or additional seating. Adding even more opportunity, two floors are available, giving a new operator the option to expand their primary concept or create a complementary experience upstairs, such as a wine bar, private event space, or lounge. The second floor also features its own dedicated front entrance, providing additional flexibility for how the space can be used. The newly remodeled setting gives an incoming operator an attractive starting point without taking on the time and expense associated with building a restaurant from the ground up.
The Restaurant for Sale's kitchen is equipped with the infrastructure needed for a variety of restaurant concepts. Equipment includes an 11-foot hood, two six-burner ranges with ovens, charbroil grill, salamander, single-vat fryer, multiple two-door undercounter coolers, prep tables, mixers, slicer, three-compartment sink, and hand sinks. Additional equipment includes a landlord-maintained 8-by-11-foot walk-in cooler, ice maker and bin, espresso machine with grinder, wire shelving, POS stations, and front-of-house furniture.
Monthly rent is $6,852 including CAM for approximately 5,500 square feet. The current lease runs through April 2035 with options available, giving a new operator the opportunity to secure a long-term location. Street parking and nearby public parking provide additional convenience for guests.
With its large footprint, dedicated patio, historic character, and extensive restaurant infrastructure already in place, this Spartanburg Restaurant for Sale offers the flexibility to accommodate a wide range of concepts. The availability of a second floor with a dedicated entrance creates even more possibilities to expand the concept, add another revenue stream, or create a distinct experience within the same location. Bring your own menu, branding, and vision to the space and make it yours.
Priced at $339,000, this second-generation Restaurant for Sale provides an opportunity to step into a newly remodeled space while avoiding many of the costs and delays associated with a new buildout. Contact We Sell Restaurants today to learn more and schedule a confidential showing.
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Property Features and Assets:

Host Station
9 Barstools
Server Station
2 POS stations
1 Ice Bin
2 Hand Sinks
3 Two Door Undercounter Cooler
9 Wire Racks
25 Tables
76 Chairs
Lobby Table
Privacy Partition
8 SS Tables
1 Espresso Machine
1 Bean Grinder
1 Ice Maker and Bin
1 Chest Freezer
1 Hand Sink
3 Two Door Undercounter Coolers with Overshelves
1 Ice Bin
1 Butcher Block Prep Table
1 Single Vat Fryer
2 Six Burner Range with Ovens
1 Charbroil Grill
1 Salamander
1 Blender
1 Sandwich Press
1 Slicer
1 Food Storage Rack
1 Three Compartment Sink
2 Mixers
1 Countertop Mixer
1 Hand Sink
3 SS Tables
1 Three Compartment Sink
1 Two Door Undercounter Cooler
17 Low Tables
9 Tables
8 Chairs
24 Barstools
6 Couches
9 Lounge Chairs
Server Station

Landlord Owned Items
1 Walk In Cooler 8x11
1 Hood 11ft

Market Competition and Expansion:

Spartanburg has a competitive restaurant market with a mix of national chains, regional brands, and locally owned concepts. Competition is strongest in established commercial areas and around Downtown Spartanburg.

Additional Details: