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Downtown Restaurant, price reduced family reasons for Sale in Upstate South Carolina
| Reference #: |
41590047
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| Location: |
Upstate South Carolina
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| Price: |
$1,700,000 |
| Amount Down: |
$1,020,000 |
| Revenues: |
$500,000 |
| Discretionary Earnings: |
$130,300 |
| Total Assets: |
$1,670,000 |
| Business Description: |
This highly regarded restaurant is located in a prime Upstate, SC downtown location. There is a long history of successful restaurants at this location and the current owner has leveraged off that history. A large white-collar workforce population nearby provides an ample supply of patrons. The business and related furniture, fixtures & inventory are being offered for sale at a reduced price of $260,000 due to family reasons. The owner is willing to offer a long term market rate lease on the building or the real estate may be purchased for an additional $1,500,000. The real estate includes a ~7,000 sq. ft. building and a separate parking lot with ~70 parking spaces. This is a wonderful opportunity to own and operate a successful restaurant in a great location. It also presents a chance to invest in a parcel of real estate that is poised to continue to grow in value! The business and real estate may be purchased together for a total price of $1,700,000! |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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