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Listed by:

Transworld Business Advisors Greenville East

Owner Operated Italian & Pizza $800K Sales/Strong Profit For Sale

Greenville County, South Carolina, US
Asking Price:
$450,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$814,520
Cash Flow:
$439,173

Are you ready to sink your teeth into a delicious opportunity? Look no further than this well-established Italian Restaurant located in Upstate South Carolina.

With roughly 4 years at the current location, this restaurant is a prime investment waiting for the right buyer. Situated on a bustling street in a rapidly growing town, this restaurant boasts a stellar reputation that draws in loyal customers day in and day out. Operating 6 days a week, this eatery is a beloved staple in the community, known for its authentic Italian cuisine and warm, welcoming atmosphere. What sets this restaurant apart is its strategic location amidst new housing developments and apartments, offering a captive audience of potential patrons.

Despite its success, the business currently does little to no advertising, representing a significant growth opportunity for a savvy entrepreneur to capitalize on the demand in the area. The town's upcoming projects, including a stadium just a few miles away and an amphitheater nearby, promise to bring even more foot traffic and visibility to this already thriving restaurant. With the right marketing strategy, the potential for expansion and increased revenues is limitless. For aspiring restaurateurs, this business presents a chance to step into a turnkey operation with a solid foundation and a dedicated customer base. Don't miss out on this exciting opportunity to own a piece of culinary history in a town on the rise.

Contact Eli Tatem 864-527-5995 for more information and take the first step towards making this Italian Restaurant yours. He'll set up your personal tour. Act now and savor the taste of success with this remarkable business venture.

Property Information

Real Estate:

Lease

Premises Details:

The location is over 3 years in business at it's current spot. The owner has been in business for more than 30 years. Well known reputation in the area for food, value and service.

Business Operation

Expansion Potential:

You'll love being on a very busy street in this very fast growing town. Your restaurant only operates 6 days a week. Surrounded by tons of new housing & apartments means lots of rooftops to bring you customers. The owner does very little to no advertising. And now the town is building a stadium and amphitheater close by. Add another day. Offer catering. Promote takeout and delivery services more. Employ Social Media and online advertising to grow sales and profits.

Competition / Market:

You'll find local chain pizza, but not the other traditional italian dishes this place is serving up. There may be Papa John's, Little Caesars and the like, BUT this place is by far the town favorite.

Reasons for selling:

Retire

Trading hours:

2021

Employees:
5
Years established:
2021

Other Information

Support & training:

4 Weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Financing Amount
$300,000.00
Owner Financing Interest
8%
Owner Financing Terms Months
48
Owner Financing Monthly Payment
$7,323.00

Furniture / Fixtures value:
$140,000 - included in the asking price
Inventory / Stock value:
$6,000 - included in the asking price