Take over a downtown Greenville restaurant with an established local following and experienced team. Its eclectic menu, bar and proximity to entertainment venues attract residents and visitors.
The current advertised asking price is $499,000, with reported annual seller’s discretionary earnings of $233,000. Inventory valued at $5,000 is additional.
The business currently trades at dinner, offering scope to assess lunch or brunch service. Enquire to review the financial information and discuss the transition and possible seller financing.
- Asking Price:
- $499,000
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$48,000 per annum
- Location:
-
Downtown Greenville, near music and entertainment venues and visitor activity.
- Premises Details:
-
Full kitchen and bar, two main dining rooms and a private dining room.
- Size in square feet:
- 1,900 sq ft
Business Operation
- Expansion Potential:
-
Evaluate lunch and brunch alongside the existing dinner operation.
- Reasons for selling:
-
Retirement from the restaurant industry.
- Employees:
- 10 employees: 8 full-time and 2 part-time.
- Years established:
- Established in 1998.
Other Information
- Support & training:
-
At least two weeks of seller training and support.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
The seller will discuss financing options with a qualified buyer.
