Charming Full-Service Restaurant in the Heart of Upstate SC
Price: $575,000
Location: Anderson County, SC
Industry: Full-Service Restaurants
Listing ID: 8082041
Listing Status: New
This thriving business in Anderson County, SC stands as a cherished family-owned restaurant where the aroma of traditional Southern dishes mingles with the warmth of genuine hospitality. This culinary gem has become a local favorite, celebrated for its inviting atmosphere and consistently delectable home-cooked cuisine. Located in a prime area on over an acre of real estate, the restaurant benefits from high visibility, easy accessibility, and a strategic position that has contributed to its robust financial performance.
The restaurant presents a turnkey opportunity with incredibly consistent profits and untapped potential for growth. A custom-designed kitchen and large inventory of cooking and preparation equipment opens viable avenues for expansion for any new owner, including catering and participation in the burgeoning ghost kitchen concept. These growth opportunities would preserve the restaurant’s authentic charm while unlocking highly lucrative revenue streams. This offering is an enticing prospect for restaurant entrepreneurs seeking proven profitability, a loyal customer base, and viable opportunities for growth.
Key Features:
-Consistent profits maintained through the pandemic
-Expansive kitchen layout and large quantity of equipment able to handle additional capacity
-Local staple with a large loyal customer base
-Prime location on a main thoroughfare with incredible visibility
Total Sales: $1,750,000
Cash Flow: $237,000
FFE: $150,000
FFE Included: Yes
Inventory: $15,000
Inventory Included: Yes
Year Established: 2008
Employees: 18
Real Estate: $1,150,000
Real Estate Included: No
Square Footage: 5000
Facilities Information: Approximately 5,000 sqft custom-built restaurant layout with dining area, service counter, and expansive kitchen. Seating in the dining area can accommodate roughly 125 total guests. Over 60 parking spaces and high visibility and accessibility from a main thoroughfare.
Reason For Sale: Retirement
Training & Support: The seller is willing to train and provide support for up to 2 weeks after the sale.
Potential Growth: The restaurant has experienced consistent annual sales numbers, despite the COVID-19 pandemic, as the business expanded into more local catering and carryout orders. Growth opportunities are endless with the restaurant’s large kitchen outfit able to handle larger catering orders or introduce an off-hours ghost kitchen concept.