Restaurant For Sale - Upstate, Sc, South Carolina, SC - Greenville County

PROFILE: High Volume, Upscale Restaurant In Upstate Sc

AD/LISTING INFORMATION
Status: Available
State: South Carolina
Location: Upstate, Sc
County: Greenville
City: None Given
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  126269
Seller Or Contact:  Craig Reimer
Primary Phone:  864-238-6854
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  8/19/08
Date Ad Last Revised:   8/19/08

FINANCIAL INFORMATION
Asking Price: $890,000
Down Payment: $240,000
Annual Revenue: $1,812,702
Annual Adjusted Net: $318,727
   
Price Range: $500,001-$1 Million
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Yes

DESCRIPTION: A High Level Restaurant Is Located In An Upscale Metropolitan Area In The Heart Of Upstate South Carolina. The Owners Have Done An Incredible Job Of Creating A Big City Feel, Matched With A Casual Environment And Have Grown The Business To Over $2 Million Dollars In Revenue In Two Years. The Restaurant Caters To Executives And Local Residents. There Is A Tremendous Opportunity To Leverage Out On Cash Flows And Growing Market.

The Restaurant Is Only Open For Lunch And Dinner Seven Days Per Week. A New Owner Could Grow The Business Through Marketing, Continued Word Of Mouth Growth, And By Marketing To Upstate Corporations. The Restaurant Serves High Quality Foods, Including Aged Steaks, Fresh Seafood, And Market Salads, Along With Wine And Other Beverages.

The Owners Have Done Little Advertising; Most Customers Come In By Word Of Mouth. The Business Has Been The Recipient Of Favorable Press And News Articles. The Owners Have Family That Has Moved Away; They Desire To Locate To Another Area. With SBA Financing, A New Owner Could Buy With Very Little Cash Down!


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Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!

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