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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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