Upstate Area, SC
Asking Price: $145,000
Listing ID: GVL0047
Sq. Footage: 2,000
Cash Flow: $65000
Total Revenue: $391000
This Upstate Raw Bar has been in business since 2014 and offers one of the most ridiculously attractive leases that you’ll find anywhere in South Carolina. With over 20 years remaining w/ options, the current lease rate is $1,000/month NNN and tops out at $1,900/month NNN in the year 2039.
This restaurant for sale offers tons of upside. 2018 sales revenue of $391,000 was accomplished with Dinner Hours Only) and this downtown area has only just begun to hit its stride!
Sales Revenue: $391,000 COGS: 45% Labor: 15% Total Owner’s Cash Flow: $65,000
For a confidential review … contact your Upstate SC NRP Team!