**SBA Pre-Approved** Spartanburg Upscale Casual Restaurant/Bar

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Spartanburg Steak & Seafood W/ Long History & SBA Pre-Approved!
Asking Price:
$249,000

Gross Revenue:
$1,000,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This turnkey machine is a Spartanburg institution.
Great rent, lots of parking and a huge built-in
catering and group business. Wofford College very
close and feeds this business all season long. Strong
15 years Brand ID in Spartanburg! Don’t miss out
on getting this legendary restaurant.
STRONG History of Sales!
*15+ Years in market and Branding!
* $1 Million Net
* Unique Business Plan and Concept!
* Tremendous PRIDE OF Ownership & Goodwill!
* Sales exceed previous years and growing!
* Full training and operations.
* Located in high traffic area!
* Very Clean Books!!!
* Great Seller Discretionary Income = Quick
* Return on Investment!
* A restaurant like these does not come up often.
* Strong catering and group business feeds sales year round
* The potential for growth as well great rent only $5k a month all in
* Limited owner financing

***SBA PRE-APPROVED**************

General Pro Forma:
Sales: $956k
Rent: $60k
Labor: $276k
COG: $282k
Misc: $140k
Utl: $16k
Net Cash Flow: $150K+++

About the Business

Real Estate:
Leased
Building Sq. Ft.:
4,000
Rent:
$5,000.00 Per Month
Website:
www.pacificrestaurantbrokers.com/south-carolina.html
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Listing Info

ID:
1549537
Ad Detail Views:
298

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$
months
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Business Listed by

Michael Stavrinakis

Pacific Restaurant Brokers

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U.S. Census Data for Spartanburg County, SC
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Spartanburg County, SC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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