Upstate Area, South Carolina
Asking Price: $950,000
Listing ID: GVL0018
Sq. Footage: 3,400
Cash Flow: $140000
Total Revenue: $1139000
What a Casual Dining Gem this is? This is one of the most relaxed atmospheres you will find in the entire Upstate. Diners come here for a casual drink & dine experience that can’t be found anywhere else in the Upstate, except in the downtown Greenville or downtown Spartanburg landscape. However, while the menu may offer some fine seafood & steak specialties, the atmosphere is anything but pretentious and uptight – and the owners have been awarded honor after honor for their efforts.
This high-volume restaurant & bar operates mostly on a 32-hour per week “dinner only” schedule – offering the opportunity of a high-level income with a work schedule that is an operators’ dream. Revenues have steadily climbed since opening years ago, to over $1.1 million recently, but are still climbing drastically in 2019!
An immaculately-maintained free-standing facility located in a rapidly-growing Upstate residential area supported by recreational travel traffic from weekend riders to others making their way to the hills of The Blue Ridge.
Facilities include a large full bar + over 100 indoor seats and enclosed four-season patio area w/ fireplace – sitting on over 2 acres of property.
- Annual Revenue in Excess of $1.1MM
- Solid six-figure owner compensation
- 3,400+SF Building + 900SF Patio
- 73 Acres (Additional Income Potential)
- Owner will also consider “restaurant-only” purchase w/ $4,500 Net Lease
- Lender Financing Available through Stearns Bank
If you’re ready to spend your evenings working the dining room w/ a great clientele, you couldn’t ask for a better scenario. Contact National Restaurant Properties Upstate to schedule a confidential review of this incredible business and real estate acquisition.