Beautiful Fine Dining Establishment. 135 K in cashflow

Greenville, SC
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Asking Price:$369,000
Gross Revenue:$1,100,000
Rent:$3,400
Established Year:2017
Cash Flow:$135,000
Inventory:$10,000
FF&E:$85,000
BUSINESS DESCRIPTION

Located in a beautiful downtown in a Greenville suburb. This fine dining restaurant is pristine and clean with an incredible atmosphere. Restaurant is open for dinner only and averages over $95,000 per month. 4 Years on left on this term of lease with an option to extend for 5 years. Rent is $3,400 with no increases.


DETAILED INFORMATION
Location
Greenville, SC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,600
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Beautiful Dining Room, Full Kitchen, Bar
Competition
Located in one of Greenville's fastest-growing suburbs, this respected gem of a place is positioned for growth.
Growth & Expansion
Current ownership runs a tight ship, offering service 5 nights/week. The next operator can take advantage of lunch and/or brunch opportunities and catering.
Financing
Financials of this listing are strong and will stand up to SBA lending application
Support & Training
2 weeks owner training post-closing
Reason for Selling
Retirement
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Tony
D'Onofrio
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Tony D'Onofrio