Sales Over $2 Million Thriving Restaurant For Sale With Real Est Newberry, SC 29108
- Retail properties
- 3,555 SF
Current Use by Public Records
- Retail properties
Property Details for Sales Over $2 Million Thriving Restaurant For Sale With Real Est
- Year built
- 1976
- Property size
- 3,555 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Exceptional opportunity to acquire a thriving restaurant and its accompanying real estate in Newberry, South Carolina. This established business, built over 40 years, boasts impressive sales exceeding $2 million projected for 2024, with a projected owner benefit surpassing $190,000. The 3,555 square foot restaurant, built in 1976, is fully equipped with a comprehensive range of updated equipment including a 10-foot hood, walk-in cooler and freezer, holding cabinets, convection oven, multiple storage shelves, prep tables, POS systems, and ample seating for 85 patrons (including booths, tables, and chairs). The sale includes a substantial inventory of kitchen equipment, such as multiple prep tables, stoves, fryers, grills, a dishwasher, and various other essential items. The restaurant has a loyal customer base and is situated in a prime location with potential for growth. The asking price of $1,600,000 includes the real estate. Inventory is not included in the asking price. The seller is retiring and offering support during the transition. This turnkey operation presents a rare opportunity for a new owner to step into a successful and established business. The restaurant currently employs 30 people. While the lease terms are not specified, the real estate is included in the asking price. SBA lending may be available.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newberry
- County
- Newberry
- State
- South Carolina
- Longitude
- -81.6285
- Latitude
- 34.2917
