Asking Price: $225,000
Listing ID: GVL0066
Sq. Footage: 3,500
Total Revenue: $688000
Full Service Upstate Steak & Seafood Restaurant for Sale
Pardon the Pun … but if you’re looking for a business opportunity with plenty of meat on the bone, this is it. The decor is stunning. The rent is extremely low. And with a great deal of redevelopment happening in this Upstate suburb, the opportunity for growth over the next decade is real.
Whether you’re a corporate cast-off of the debacle of 2020 or an experienced F&B professional, this is a great business opportunity that you shouldn’t pass on without taking a look. The current owner is ready to ride off into the sunset of retirement, but not until he finds the right operator to take over his legacy … and he’s willing to offer 50% owner-financing to the right operator.
There current restaurant operates in 3,500SF, but another 3,000SF of unfinished space is available.
Sales Revenue: $688,000
Rent: $2,000/Month All In (through 2024) w/ 5-Year Option @ $2,200/Month All In
Cash Flow: Six Figures