Established SC Restaurant for Sale - Over $1.2M in Annual Sales!

Asking Price$1,190,000

Cash Flow
$310,063
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,234,305

InventoryNot Disclosed

FF&ENot Disclosed

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Established SC Restaurant for Sale - Over $1.2M in Annual Sales!


Asking Price$1,190,000

Cash Flow
$310,063
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,234,305

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
This Restaurant for Sale in Spartanburg, SC presents a rare opportunity to acquire a profitable, well-reviewed business with a proven track record. In 2024, the restaurant brought in $1,234,305 in sales and delivered an impressive owner benefit of $310,063, offering strong returns for an owner/operator ready to take the reins.
Seller Financing Available!
Located in a high-visibility area, this 1,986-square-foot Restaurant for Sale sits among residential neighborhoods and bustling commercial corridors. Its central position draws both loyal regulars and new patrons daily. The addition of outdoor seating creates further appeal, offering flexible options for guest seating and enhanced curb appeal. With monthly rent at $5,650, the business benefits from manageable overhead in a growing market.
A team of 16 employees keeps day-to-day operations running smoothly, allowing a new owner to step in without disruption. The current concept is already well-established and beloved by the community, giving you a business that's already proven its value. You can continue serving the same menu that customers rave about while finding opportunities to grow and expand the brand even further.
The Restaurant for Sale, offered by We Sell Restaurants, is fully equipped and turn-key, eliminating the delays and expenses of a build-out. From kitchen setup to dining space, everything is in place to hit the ground running. Training will be provided, ensuring a smooth handoff and continuity in operations, customer service, and quality.
Spartanburg continues to attract investment, new residents, and a vibrant dining culture. The area's support for local business and ongoing development creates a welcoming environment for restaurants like this to thrive.
SBA lending is available, and We Sell Restaurants can connect qualified buyers with trusted lending partners to streamline the process.
Contact We Sell Restaurants today to learn more and secure this profitable Restaurant for Sale in one of South Carolina's fastest-growing markets.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
About the Business
Years in Operation
22
Number of Employees
16
Facilities & Assets
3 double sided booths with tables
19 dining room tables
48 dining room chairs
2 high chairs
4 outdoor tables
16 outdoor chairs
8 outdoor patio umbrellas with 4 brand new as back up
1 two slot dining room trash receptacle
1 dining room beverage counter with storage
2 tea urns
2 condiment pump dispensers
2 to go napkin dispensers
1 apparel and retail display case
1 third party wire pick up rack
1 counter service unit with sneeze guard with 2 warming drawers as well as 2 storage shelves and 4 built in warming tables
2 Four foot SS sandwich units with top service and cutting board
1 Six foot SS warming table with 2 warming drawers and storage shelving
6 Four foot SS tables
1 lowboy reach in freezer
1 nacho warmer
1 warming lamp with drain pan
1 Four tray meat warming cabinet
2 fryers with one in use and second as backup in storage
1 Six foot lowboy 4 door cooler
1 Five foot flat top grill
1 Two burner range
1 Six foot to go station with counter top and under counter storage
1 standard vacuum
1 wet and dry vacuum
1 Two door stand up freezer
2 Three door stand up refrigerators
1 metal dry storage enclosure
1 hand wash sink
1 Five foot SS table with can opener
1 deep wash produce sink
1 sugar bin with caster
8 over head storage shelves
1 stand up bakery warmer
2 meat grinders one is a smaller back up unit in storage
2 hand operated produce slicers
2 Four foot wire shelving units
1 bread storage rack
1 ice maker with storage bin
1 Twelve foot hood system with fire suppression
1 Six foot wire storage rack
1 counter top convection oven
1 rice maker
1 bib rack
1 single bay stand up refrigerator
1 Three compartment disk sink with overhead rack
2 catering Cambro in storage
1 Forty Eight quart mariner cooler in storage
1 Ninety Six quart mariner cooler in storage
1 ground beef mixer in storage
1 manual juicer in storage
1 bi fold sign
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Spartanburg continues to grow, bringing in new residents who increase demand for local dining options. Locals are known to support small businesses, especially independently owned restaurants that offer unique dining experiences.
Opportunities for Growth
Spartanburg hosts events, festivals, and sports tournaments that bring in visitors and boost restaurant traffic. Leases and operating costs tend to be lower than in major metro areas, giving new operators more financial flexibility.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,986
Rent
$5,650.00 per month
Lease Expiration
6/30/2027
About the Sale
Seller Motivation
New Career
Transition Support
Available with Seller
Listing Info
ID
2356969
Listing Views
771

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Business Listed by: Justin Scotto We Sell Restaurants

Listing ID: 2356969 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.