Own One of Greenville's Premier Independent Steakhouses

Asking Price$199,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$12,000
Included in asking price
FF&E$79,000
Included in asking price
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Own One of Greenville's Premier Independent Steakhouses


Asking Price$199,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$12,000
Included in asking price
FF&E$79,000
Included in asking price

Seller Financing Available
Business Description
Own One of Greenville's Premier Independent Steakhouses

Seared Chophouse is an established upscale steakhouse located in Greenville, North Carolina's highly desirable Fire Tower Road retail corridor. Known for its premium steaks, fresh seafood, handcrafted cocktails, and warm, inviting atmosphere, the restaurant has built a loyal customer base and earned a strong reputation as one of the area's premier independent dining destinations.

The business operates from an approximately 4,000-square-foot, fully equipped facility featuring a professionally designed dining room, full-service bar, private dining capabilities, and a commercial kitchen. With annual sales exceeding $1.3 million, an experienced management team, and a stable workforce already in place, Seared offers a true turnkey opportunity for a new owner.
Positioned in one of Greenville's fastest-growing commercial corridors, the restaurant benefits from excellent visibility, strong traffic counts, and proximity to major national retailers, East Carolina University, ECU Health, and expanding residential communities.
The combination of an established brand, long-term lease, and opportunities to grow catering, private events, and beverage sales creates an attractive investment for an owner-operator, hospitality group, or experienced restaurateur seeking immediate revenue and future upside.
About the Business
Years in Operation
5
Employees
20
Facilities & Assets
Established in 2023, Seared Chophouse is a premier upscale steakhouse located in Greenville's thriving Fire Tower Road corridor. Generating over $1.3 million in annual sales, the restaurant offers a turnkey operation with an experienced team, strong local reputation, loyal customer base, long-term lease, and significant growth potential. Seller financing is available for qualified buyers.
Market Outlook / Competition
Seared Chophouse has established itself as one of Greenville's premier independent upscale dining destinations. Its prime Fire Tower Road location, strong local reputation, loyal customer base, and commitment to exceptional food and service differentiate it from both national chains and local competitors, creating a strong foundation for continued success and future growth.
Opportunities for Growth
Seared Chophouse offers multiple opportunities to increase both revenue and profitability under new ownership. Growth initiatives include expanding catering and private events, increasing corporate partnerships, enhancing digital marketing and social media engagement, growing the wine and craft cocktail program, and introducing loyalty and guest retention programs. Additional opportunities exist to optimize labor scheduling, food costs, and purchasing while leveraging Greenville's continued residential and commercial growth along the Fire Tower Road corridor. With an established brand, experienced staff, and loyal customer base already in place, the business is well positioned for continued expansion.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$4,500 per month
Lease Expiration
11/30/2030
About the Sale
Seller Motivation
Focus on Other Business Ventures
Transition Support
2 Weeks
Financing Options
Financing Amount $99.999,00 ROI 8% Terms Months 36 Monthly Payment $3.102,30
Listing Info
ID
2536527
Listing Views

Listing ID: 2536527 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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