Established Restaurant, $1M/yr in Sales, $3200/month rent, 4500Sqft
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Established American Restaurant - Prime Oconee County Location
This thriving restaurant represents an exceptional opportunity in Oconee County's Western Upstate SC market, strategically positioned near Clemson University. Operating successfully since 2020, this 4,500 square foot establishment has built a solid reputation serving lunch to local professionals and dinner to families and couples.
Financial Performance:
- Annual Revenue: $1,000,000
- Cash Flow (SDE): $140,000
- POS System Shows: $824,000 (additional delivery sales through Uber Eats and Grubhub not included)
- FF&E Value: $130,000
- Inventory: $17,000 (included in price)
Property Details:
- 4,500 square feet of well-designed space
- Lease: $3,200/month through March 2036
- Features U-shaped bar setup with large TV for sporting events
- Spacious kitchen suitable for expanded operations
Growth Opportunities:
- Currently closed Sundays - opening could increase sales 20%+
- Bar setup ready for alcohol service (currently not serving)
- Large kitchen perfect for catering expansion
- Established delivery partnerships with room for growth
Competitive Advantages:
- Unique positioning in market dominated by chains and fast food
- Five-year track record of consistent performance
- Strong local customer base of professionals and families
- Prime location near major university
Owner Support:
- Comprehensive training provided
- Owner available to assist operations as needed
- Experienced in both kitchen and front-of-house operations
Financing:
- Owner financing available with 50% down
- Seller motivated due to plans for new venture (non-restaurant)
This turnkey operation offers immediate cash flow with multiple untapped revenue streams, making it ideal for an operator ready to maximize its full potential in a growing market.
This thriving restaurant represents an exceptional opportunity in Oconee County's Western Upstate SC market, strategically positioned near Clemson University. Operating successfully since 2020, this 4,500 square foot establishment has built a solid reputation serving lunch to local professionals and dinner to families and couples.
Financial Performance:
- Annual Revenue: $1,000,000
- Cash Flow (SDE): $140,000
- POS System Shows: $824,000 (additional delivery sales through Uber Eats and Grubhub not included)
- FF&E Value: $130,000
- Inventory: $17,000 (included in price)
Property Details:
- 4,500 square feet of well-designed space
- Lease: $3,200/month through March 2036
- Features U-shaped bar setup with large TV for sporting events
- Spacious kitchen suitable for expanded operations
Growth Opportunities:
- Currently closed Sundays - opening could increase sales 20%+
- Bar setup ready for alcohol service (currently not serving)
- Large kitchen perfect for catering expansion
- Established delivery partnerships with room for growth
Competitive Advantages:
- Unique positioning in market dominated by chains and fast food
- Five-year track record of consistent performance
- Strong local customer base of professionals and families
- Prime location near major university
Owner Support:
- Comprehensive training provided
- Owner available to assist operations as needed
- Experienced in both kitchen and front-of-house operations
Financing:
- Owner financing available with 50% down
- Seller motivated due to plans for new venture (non-restaurant)
This turnkey operation offers immediate cash flow with multiple untapped revenue streams, making it ideal for an operator ready to maximize its full potential in a growing market.
About the Business
- Years in Operation
- 5
- Employees
- 25 (10 Full-time, 15 Part-time)
- Facilities & Assets
- Beautifully renovated interior that seats 100 people. Very large kitchen with plenty of storage, prep room and walk-in cooler. Menu is very diverse with a kitchen that includes 2 friers, flat grill, oven, open flame grill that cooks amazing steaks, and other equipment. Back kitchen includes prep area, commercial dishwasher (leased), and walk-in cooler.
- Market Outlook / Competition
- This is a unique restaurant in this area. Serving lunch with to various workers and professionals during the day and families and couples at night. They have a 5 year track record of success. Most restaurants in the area are chains or fast food.
- Opportunities for Growth
- Lot's of growth potential. This restaurant does not serve alcohol, is closed on Sundays, and doesn't cater outside events. There is a U-shaped bar in the middle of the restaurant that is set up to serve alcohol and a Large TV above the bar for sporting events. They show on Square (POS system) $824K in annual sales. They do have Uber Eats and Grubhub and those sales are not included. Just opening on Sundays and serving alcohol will increase sales 20% or more. Catering will also increase sales and with the large kitchen its would be easy to do.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,500
- Rent
- $3,200.00 per month
- Lease Expiration
- 3/1/2036
About the Sale
- Seller Motivation
- Owner is looking to open another business (not a restaurant) but will stay on as
- Transition Support
- Owner will stay on as long as needed to help train the new owner. He can also fill in as a cook if needed or work the front of the house. He loves talking to his customers.
- Financing Options
- We would entertain owner financing with 50% down
Listing Info
- ID
- 2437770
- Listing Views
- 43
Listing ID: 2437770 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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