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Listed by:

Transworld Business Advisors Greenville East

Thirty Year Family Pizza And Pasta Restaurant For Sale

Greenville County, South Carolina, US
Asking Price:
$355,897 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$729,666
Cash Flow:
$143,121

Mostly dine in, families enjoy quality Greek and Italian meals here. With 1/3 of the business through take-out. Big traffic location in major Greenville market. Full time staff, well trained and in the business for years. Want a business that allows you to travel and keeps running? This is it. Want a business with a proven, loyal following? This is it. Want a business with strong recurring sales and 6 Figure profits? Here you go! Come and get this local favorite in the top market of Greenville, SC. Pulling customers from neighborhoods, businesses, apartments, and townhomes nearby with enough seating for 100 of their closest friends. This is the place if you know restaurants or are tired of working for someone else and always dreamed of being your own boss. Why start from scratch? Your answer is right here and waiting for you.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $4,000.00

Square Units (Foot, Meter): 3,000

Lease Expiration Date: May 30, 2021, 9:00:00 PM

Premises Details:

Facilities: Set in a prime "A" location, big plaza, lots of parking, and close to interstate makes this a terrific spot. This location has exposure, high traffic count of over 36,000+ Cars / Day, and staying power!
FF&E Overview: Full service kitchen includes walk ins, pizza oven conveyor, stone pizza oven, slicers, prep tables, sinks; everything needed to prepare and serve great Italian and Greek dishes. Plus the dining room comfortable seats more than 100 customers with booths and 4 Top and 8 Top, large tables.
FF&E General Condition: Very well maintained equipment, furnishings and facility. This is a clean restaurant with recent updates to dining area and facilities.

Business Operation

Competition / Market:

Located in one of the Top US Cities to Visit and Live. Greenville is home to major manufacturing- BMW, GE, Michelin, Ryobi, Bosch and others. The restaurant scene is thriving in the area. But most are smaller venues. None as established as this business, or with as complete a location or menu.

Reasons for selling:

Retiring/Health

Trading hours:

Mon, Wed, Thu, Fri, Sat 11:00-9:00 - Sun 11:30-9:00

Employees:
22
Years established:
32

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

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

Owner Terms:$175,000.00 Interest:9% Term Months:72 Monthly Payment:$3,154.47

Furniture / Fixtures value:
$105,000 - included in the asking price
Inventory / Stock value:
$4,000 - included in the asking price