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High Quality Cafeteria Business For Sale in Upstate SC- SOLD
Buy this busy cafeteria and easily expand it to over one million dollars in revenue. This successful cafeteria...

High Quality Cafeteria in Upstate SC SOLD

Reference # 72702 Upstate, South Carolina

Asking Price:

$125,000

Gross Income:

$240,000(est)

Cash Flow:

$78,000(est)

Downpayment:

$35,000

Real Estate Value:

$0

FF&E:

$25,000(approx)

Inventory:

$3000

Business Summary

Buy this busy cafeteria and easily expand it to over one million dollars in revenue. This successful cafeteria is only open for breakfast and lunch; customers are begging the owner to open for dinner. The restaurant serves middle to upper income families and church groups in a beautiful setting near the Cherokee Foothills, with a seating capacity of 120. People drive from 50 miles away to enjoy the delicious food in a pastoral setting. They serve only homecooked vegetables, so the customers come back again and again. Major growth is coming to this small town; they are surrounded by new roads being widened, bridges being built, and upscale communities, and an upscale apartment complex is being built next door. The owners have done no advertising; all customers come in by word of mouth. The owners are near retirement age and want to pursue other interests.

Building & Property

Building:

3200 sq ft

Monthly Rent:

N/A

Real Estate Available:

No

General Information

Reason for Sale:

Owners Have Other Interests

Franchise:

No

Support/Training-

Negotiable

Hours:

M-F 6-2:00, Sa 6-11:00, Sun 11-2

Year Established:

1998

Financing Provided:

$90,000 for 120 months @ 8%

Employees:

FT: 8, PT:5

For complete information about this business for sale in SC:

Empire Business Brokers

864.238.6854

Empire Business Brokers
1361 W. Wade Hampton Blvd, Suite F, PMB #253
Greer, SC 29650
864.241.0606 / Fax 864.895.8596

 
 
 
 
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