0 Established Franchise For Sale In Spartanburg Sc Spartanburg, SC 29306
This established restaurant franchise in Spartanburg, SC, presents a unique opportunity for immediate ownership. Priced at $179,000, this turnkey operation boasts 1,600 square feet of space, comfortably seating 42 guests. The current lease, expiring October 30, 2027, offers a five-year term with a monthly rent of $3,375. The sale includes a comprehensive inventory of equipment, such as two convection ovens, a deli make table, refrigeration units, multiple sinks (including a three-compartment sink), a freezer chest, POS systems, and ample seating (including highchairs). The restaurant benefits from high visibility in a thriving Spartanburg market, characterized by a strong economy, a skilled workforce, and a business-friendly environment. The franchise offers established brand recognition and a loyal customer base, minimizing the start-up challenges of a new venture. Eight employees are currently in place. While inventory is not included in the asking price, the business is ready for immediate operation. This is an exceptional opportunity to acquire a profitable, established restaurant without the lengthy process of building from the ground up. The franchise provides ongoing support, ensuring a smooth transition and continued success. The seller is motivated and ready to facilitate a swift transfer of ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.