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- RE: Established SC Restaurant For Sale - Over $1.2M In Annual Sales!
- Contact: Justin Scotto
Quick Facts
Asking Price: | $1,480,000 | |
Annual Revenue: | $1,234,305 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $310,063 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | 16 | |
BBN Listing #: | 989844 | |
Broker Reference #: | 23861 |
Business Overview:
This Restaurant for Sale in Spartanburg, SC presents a rare opportunity to acquire a profitable, well-reviewed business with a proven track record. In 2024, the restaurant brought in $1,234,305 in sales and delivered an impressive owner benefit of $310,063, offering strong returns for an owner/operator ready to take the reins. SBA Financing Available!Located in a high-visibility area, this 1,986-square-foot Restaurant for Sale sits among residential neighborhoods and bustling commercial corridors. Its central position draws both loyal regulars and new patrons daily. The addition of outdoor seating creates further appeal, offering flexible options for guest seating and enhanced curb appeal. With monthly rent at $5,650, the business benefits from manageable overhead in a growing market.
A team of 16 employees keeps day-to-day operations running smoothly, allowing a new owner to step in without disruption. The current concept is already well-established and beloved by the community, giving you a business that's already proven its value. You can continue serving the same menu that customers rave about while finding opportunities to grow and expand the brand even further.
The Restaurant for Sale, offered by We Sell Restaurants, is fully equipped and turn-key, eliminating the delays and expenses of a build-out. From kitchen setup to dining space, everything is in place to hit the ground running. Training will be provided, ensuring a smooth handoff and continuity in operations, customer service, and quality.
Spartanburg continues to attract investment, new residents, and a vibrant dining culture. The area's support for local business and ongoing development creates a welcoming environment for restaurants like this to thrive.
SBA lending is available, and We Sell Restaurants can connect qualified buyers with trusted lending partners to streamline the process.
Contact We Sell Restaurants today to learn more and secure this profitable Restaurant for Sale in one of South Carolina's fastest-growing markets.
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Property Features and Assets:
3 double sided booths with tables19 dining room tables
48 dining room chairs
2 high chairs
4 outdoor tables
16 outdoor chairs
8 outdoor patio umbrellas with 4 brand new as back up
1 two slot dining room trash receptacle
1 dining room beverage counter with storage
2 tea urns
2 condiment pump dispensers
2 to go napkin dispensers
1 apparel and retail display case
1 third party wire pick up rack
1 counter service unit with sneeze guard with 2 warming drawers as well as 2 storage shelves and 4 built in warming tables
2 Four foot SS sandwich units with top service and cutting board
1 Six foot SS warming table with 2 warming drawers and storage shelving
6 Four foot SS tables
1 lowboy reach in freezer
1 nacho warmer
1 warming lamp with drain pan
1 Four tray meat warming cabinet
2 fryers with one in use and second as backup in storage
1 Six foot lowboy 4 door cooler
1 Five foot flat top grill
1 Two burner range
1 Six foot to go station with counter top and under counter storage
1 standard vacuum
1 wet and dry vacuum
1 Two door stand up freezer
2 Three door stand up refrigerators
1 metal dry storage enclosure
1 hand wash sink
1 Five foot SS table with can opener
1 deep wash produce sink
1 sugar bin with caster
8 over head storage shelves
1 stand up bakery warmer
2 meat grinders one is a smaller back up unit in storage
2 hand operated produce slicers
2 Four foot wire shelving units
1 bread storage rack
1 ice maker with storage bin
1 Twelve foot hood system with fire suppression
1 Six foot wire storage rack
1 counter top convection oven
1 rice maker
1 bib rack
1 single bay stand up refrigerator
1 Three compartment disk sink with overhead rack
2 catering Cambro in storage
1 Forty Eight quart mariner cooler in storage
1 Ninety Six quart mariner cooler in storage
1 ground beef mixer in storage
1 manual juicer in storage
1 bi fold sign
Market Competition and Expansion:
Spartanburg continues to grow, bringing in new residents who increase demand for local dining options. Locals are known to support small businesses, especially independently owned restaurants that offer unique dining experiences.Reason for Selling:
New CareerAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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