Huge Price Reduction! Powerhouse Turn-Key Asset Sale in Prime Location

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Asking Price:
$175,000

Gross Revenue:
$3,000,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$250,000
included in asking price

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Business Description

Fully Turn-Key 8,945+/-SF Restaurant in the Heart of NW Columbia's Hottest Shopping Districts. Current concept does $3MM in annual revenue.

The owners of the multi-unit regional restaurant chain have decided to downsize their footprint & are offering this fully turn-key restaurant location at a value-asset-sale price of only $175,000. All assets convey - from the large bar w/ remote glycol system to the abundantly-equipped open kitchen layout.

This location has steadily averaged over $3,000,000 in annual revenue from the start - making it an ideal opportunity for another regional player or independent operator to take advantage.

* Located in one of Columbia's most high-profile shopping plazas with all the major retailers & movie theater
* 8,945SF of open dining space w/ great accent pieces that lend to the rustic decor
* Open kitchen that provides an impressive dining ambiance
* Over 200 seats + full bar for additional 60 patrons
* Over 50 foot of hood system + abundant prep areas + walk in cooler/freezer spaces + a dedicated cooler space that feeds the main bar with a multitude of tap beer options

New Long-Term Lease to be Provided by Landlord to Qualified Tenant

About the Business

Location:
Columbia, South Carolina
Year Established:
2012
Real Estate:
Leased
Building Sq. Ft.:
8,945
Rent:
$16,000.00 Per Month
Facilities:
Very high-powered end-cap of strip center with large patio seating area
All major retailers within 1/2 mile
Major cinema on site
Website:
www.GreenvilleRestaurantStore.com
Market Outlook/
Competition:
There simply isn't a better spot in the Columbia market
Supported by nearby Lake Murray residents
Easy access from all Interstates
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About the Sale

Reason For Selling:
Multi-Unit Concept Downsizing

Listing Info

ID:
1629506
Ad Detail Views:
0

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Business Listed by

Sherman Walters

National Restaurant Properties
License# 89498

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