Profitable Diner with Real Estate for Sale! Absentee Opportunity!

SPARTANBURG, South Carolina

Asking Price $1,600,000 Year Established 1976
Annual Revenue $2,258,568 Reason for Selling Retirement  
Annual P/L Attention Justin Scotto
Annual Cash Flow $280,827 Listing Number 1017254  
# of Employees 30 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Buy this profitable diner and cafe with real estate near Spartanburg, South Carolina, presented by We Sell Restaurants. This established restaurant for sale with real estate posts verified sales of $2,258,568 with an Owner Benefit of $280,827, supported by a loyal customer base built over 40 years of consistent service. The property includes an approximately 3,555-square-foot building situated on approximately 2.54 acres, offering valuable real estate ownership along with a proven restaurant business. Qualified buyers can pursue SBA lending with as little as 10 percent down, subject to lender approval, providing an opportunity to acquire the business and property while building equity from day one.
Step into a fully equipped, second-generation restaurant for sale with real estate, operating breakfast, lunch, and dinner with 85 indoor seats, ample parking, and a well-established presence in the community. The kitchen is organized for volume, with streamlined prep, storage, and service areas designed to support efficient daily operations. The dining room features comfortable booths and tables, strong curb appeal, and excellent signage visibility, creating a turnkey setting well suited for a diner, cafe, fast-casual concept, or a future owner's vision.
Operate with confidence from day one with a trained team of 30 already in place. Seller training is available to help ensure a seamless transition, including recipes, vendors, and day-to-day operating procedures. The established operation provides a strong foundation for continued growth through catering, third-party delivery, online ordering, marketing promotions, and improved food and labor controls.
Own the business and the real estate for long-term stability and the potential benefits of property appreciation. The approximately 2.54-acre lot provides valuable land ownership, while the approximately 3,555-square-foot building offers a substantial footprint for the existing restaurant operation. Strong visibility, easy access, and generous parking help attract commuters, families, and weekend customers throughout the Spartanburg trade area.
Additional growth opportunities may include extending operating hours, streamlining the menu, expanding catering, strengthening community partnerships, and adding beer and wine where permitted. With decades of operating history, a loyal customer base, established staff, valuable real estate, and verified cash flow, this is an opportunity to acquire both a profitable restaurant and the property it occupies.
Opportunities that combine real estate ownership with established restaurant cash flow are highly sought after. Capture the $280,827 Owner Benefit from an established, well-equipped operation with reliable staff, proven systems, and more than 40 years of community demand. Contact We Sell Restaurants to learn more, review the financial package, tour the property, and submit your offer.
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Property Features and Assets:

1 Ice Machine
4 Wall Wire Racks
7 Wire Racks with 4 Shelves
2 SS Prep Tables
3 Bus Carts
1 Dish Washer
1 Bread Rack
1 3 Compartment Dish Sink
1 SS Hand Sink
2 Chopper
1 Mixer
5 SS Prep Tables with Shelf
1 Slicer
Misc Pots and Pans
1 Warmer
2 6 Burner Stoves with Oven
2 Fryers
2 Heat Lamps
1 APW
5 SS Racks
1 Glass Door Refrigerator
1 Oven
1 Grill
10 Booths
23 Tables
42 Chairs
6 SS Shelves
1 Bread Warmer
1 Heat Lamp
1 APW
2 Toasters
1 Steamer
1 Deli Make Table with Reach In
1 Grill 1 6ft Grill
1 Fryer
2 Burner Stove Top
1 SS Fridge with 2 Drawers
1 Coffee Maker
1 Ice Bin
4 SS Shelves
1 2 Glass Door Refrigerator
1 Microwave
1 Bus cart
1 POS with register
1 Storage Cabinet with SS Ice Bin
12 Highchairs
1 Tea Machine
5 Urns
6 Counter Barstools

Landlord Owned Items
1 8ft Hood is a fixture
1 Walkin Freezer is a fixture
1 Walkin Refrigerator is a fixture
1 10ft Hood is a fixture

Market Competition and Expansion:

With a loyal customer base that has remained steadfast for over 40 years, our restaurant is a cherished institution in the community. This enduring loyalty underscores our commitment to exceptional quality and personal service that keeps patrons coming back time after time.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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