Unique High Traffic Dining Concept

Asking Price$160,000

Cash Flow
$107,714
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$463,978

Inventory$4,000
Included in asking price
FF&E$15,000
Included in asking price
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Unique High Traffic Dining Concept


Asking Price$160,000

Cash Flow
$107,714
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$463,978

Inventory$4,000
Included in asking price
FF&E$15,000
Included in asking price
Business Description
Great investor or owner operator opportunity!
PRICED TO SELL; One of Greenville's most unique food venues with a huge customer base that continues to grow. Seller has other business investment opportunities that needs his full attention. The business is comprised of two different concept limited service restaurants in close proximity, with a skilled manager overseeing both locations. The current owner is an absentee owner which an investment buyer could continue or an operating buyer could step in and run the restaurants themselves, which would add significant cash flow. The sale is priced as an absentee investment, well below 2X SDE for an owner-operator. Neither location sells alcohol, so no worry about the exorbitant insurance premiums and SC liability issues many restaurants suffer from.
About the Business
Years in Operation
3
Facilities & Assets
The restaurants operate in two leased facilities in one of Greenville's city center's hottest growth areas. A guaranteed built-in customer traffic flow that continues to grow as the area continues to develop.
Market Outlook / Competition
This is a great opportunity for an investor to own a solid and well known establishment in Greenville. This type of opportunity does not come up often, and its ownership would be a cool, low-risk asset in your portfolio.
Opportunities for Growth
Growth would be moderate but the opportunity would be continued menu changes and adding more higher ticket options. The continued growth in Greenville, along with these ideal locations, always drives sales to this business. A very unique and limited opportunity for these locations to be on the market, and especially these combined values.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
320
About the Sale
Seller Motivation
A local absentee owner looking to sell two unique food concepts.
Transition Support
Will train for 1 week @ $0 cost.
Listing Info
ID
2445238
Listing Views

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Business Listed by: Jon Swift Murphy Business Sales - Greenville

Listing ID: 2445238 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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