Sophisticated Tapas Lounge & Cocktail Bar in Thriving Greenville

Asking Price$695,000

Cash Flow
$233,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Sophisticated Tapas Lounge & Cocktail Bar in Thriving Greenville


Asking Price$695,000

Cash Flow
$233,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
This long-standing, nearly 30-year Greenville legend offers a sophisticated tapas-driven dining experience across two stylish floors, totaling approximately 2,400 square feet. The venue features an intimate ambiance, a full bar, and a Mediterranean-inspired small-plate menu that has earned a loyal following among locals and visitors alike. Open Tuesday–Sunday evenings with late-night bar service on weekends, the business generates approximately $1,200,000 in annual sales, delivering a strong owner NOI of $233,000. Monthly rent is an attractive $4,000, and the sale includes all furnishings, fixtures, equipment, and established brand identity—providing a fully turnkey opportunity for a new operator.
About the Business
Years in Operation
28
Facilities & Assets
full kitchen, bar and 2 dining rooms
Market Outlook / Competition
Positioned in the absolute center of Greenville’s bustling downtown, the restaurant benefits from constant foot traffic and close proximity to the city’s most popular shopping districts, arts venues, and music destinations. The local market continues to expand, fueled by Greenville’s reputation as one of the Southeast’s most dynamic small cities. While the downtown area boasts a diverse dining scene, very few establishments combine elevated tapas, craft cocktails, and an intimate two-floor lounge environment.
Opportunities for Growth
Significant upside exists through extending operating hours (e.g., brunch/lunch service), developing a full happy-hour menu, or adding event bookings (private dinners, corporate receptions, live music). Marketing efforts can be amplified via social-media campaigns, collaborations with local hotels, and pairing experiences with regional wineries or breweries. Additionally, introducing a retail component (take-home mezzes or bottled cocktails) or opening a second location in a similar demographic market could further scale revenue.
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will stay on to assist in transition for a period of two weeks, five shifts per week, and will remain availble for ongoing telephone support for an additional 2 weeks.
Financing Options
Partial Seller financing is available based on buyer financial status and management
Listing Info
ID
2440230
Listing Views
25

Contact Seller

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Business Listed by: George Buell National Restaurant Properties

Listing ID: 2440230 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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