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Established Downtown Florence Restaurant Business

135 E Palmetto St Florence, SC 29506

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For Sale
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Successful Greek restaurant for sale in downtown Florence, SC.

Type:Business for Sale, Hospitality
Property size:
4,260 SF
Price / SF:
$328/SF
Added:
Sep 1, 2022
Days on Market:
1412
Last Refresh:
Jul 4 at 10:06 am

Property Features for 135 E Palmetto St

General Information

Standard status
Active
Size
4,260 SF
Property subtype
Business for Sale, Hospitality

Building Details

Year Built
2007

Listing office PLC Commercial

Listing date Sep 1, 2022

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of PLC Commercial


Investment Insights

Based on property information with market context.

A thriving Greek-owned and operated restaurant business, established in 1957, is available for sale. The family-run restaurant, located in downtown Florence, South Carolina, has served the community for generations, offering a blend of classic American fare and authentic Greek favorites. The restaurant has a strong customer base and consistent profitability. The 4,260 square foot, fully equipped restaurant space is a turnkey operation with trained staff and systems in place. A favorable long-term lease is available, and the financial performance supports a full return on investment within approximately five years. The business benefits from steady foot traffic, nearby redevelopment, and strong community visibility. The restaurant's menu includes popular Greek specialties alongside American classics. The restaurant is located in a prime downtown Florence location with excellent visibility and access.

Key Highlights

  • Established, Profitable Restaurant: Turnkey operation with consistent profitability.
  • Prime Downtown Location: Strategically located in the heart of Downtown Florence with excellent visibility.
  • Long‑Standing Business: Family‑owned and Greek‑operated since 1957, with a strong local reputation.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Drive In Restaurant

Suggested Use

Electrical Service Kitchen & Bath Showroom Veterinary Clinic Building Supply (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store Storage Facility Pet Grooming Service Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Successful Greek restaurant for sale in downtown Florence, SC.
Where is this conventional restaurant located?
The property is located at 135 E Palmetto St Florence, SC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Established, Profitable Restaurant: Turnkey operation with consistent profitability.; Prime Downtown Location: Strategically located in the heart of Downtown Florence with excellent visibility.; Long‑Standing Business: Family‑owned and Greek‑operated since 1957, with a strong local reputation.
Contact an agent
(843) 229-3903 Call to check price and availability
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