Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Profitable Greenville Multi Unit Restaurants For Sale! Greenville, SC 29615
    Back to Search
    Property profile & analytics

    Profitable Greenville Multi Unit Restaurants For Sale!, Greenville, SC 29615

    View on Map
    • Retail properties & Spaces
    • 5,730 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Profitable Greenville Multi Unit Restaurants For Sale!

    Year built
    2015
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional offering presents a unique opportunity to acquire two thriving, multi-unit franchise restaurants in Greenville, South Carolina. Established in 2015, these businesses boast a combined 5,730 square feet of space, strategically located in high-traffic retail areas near major brand stores, ensuring consistent customer flow. Each restaurant offers both indoor and outdoor seating, maximizing capacity and appeal. The combined monthly rent is $11,802.17, representing an excellent value given their prime locations. Favorable lease terms extend until December 11, 2029, providing long-term investment security. The restaurants benefit from fully trained staff, ensuring a smooth transition for the new owner. With a combined gross revenue of $2,211,491.08 and a cash flow of $131,869.30, this package represents a proven and profitable investment. The sale includes extensive equipment, including multiple prep tables, ovens, fryers, coolers, freezers, POS systems, and seating for a combined capacity of over 200 patrons. Greenville's vibrant economy and growing population offer significant potential for future expansion. This is a turnkey operation ideal for an experienced restaurateur seeking a proven business model in a high-growth market. The asking price is $570,000. A 20% down payment is required. Inventory is not included in the asking price. The seller is not offering financing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.3343
    Latitude
    34.8742

    Comparable in this City

    • Value Estimation by Request
      2,530 SF

      Established Greenville Franchise For Sale Growth And Success Await!

      Restaurants
      0 Established Greenville Franchise For Sale Growth And Success Await!, Greenville, SC 29615
      View Details
    • Value Estimation by Request
      1,500 SF

      Thru Subway Franchise for Sale! BYO Concept or Keep the Same! Dr

      Restaurants
      Thru Subway Franchise for Sale! BYO Concept or Keep the Same! Dr, Greenville, SC 29615
      View Details
    • Value Estimation by Request
      24,691 SF

      2100-2112 Wade Hampton Blvd

      Restaurants
      2100-2112 Wade Hampton Blvd, Greenville, SC 29615
      View Details
    • Value Estimation by Request
      300,000 SF

      I-85 & Pelham Rd

      Restaurants
      0 I-85 & Pelham Rd, Greenville, SC 29615
      View Details
    • Value Estimation by Request
      50.00 Acres

      Interstate 85 & Pelham Rd

      Restaurants
      0 Interstate 85 & Pelham Rd, Greenville, SC 29615
      View Details
    • Value Estimation by Request
      5.04 Acres

      225 Entertainment Blvd

      Retail properties & Spaces
      225 Entertainment Blvd, Greenville, SC 29615
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Entertainment and Mixed-Use Development Site

      50+ acre development site with high visibility and traffic.
      Interstate 85 & Pelham Rd, Greenville, SC 29615
      View Details
    • Contact for pricing

      Pelham Exchange Retail Development

      Retail development with restaurants, shops, and entertainment.
      10 Beacon Dr, Greenville, SC 29615
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Lake Forest

      Inline retail units in Greenville's vibrant commercial hub.
      1362 North Pleasantburg Dr, Greenville, SC 29615
      View Details
    • Contact for pricing

      Land Lots for Sale

      Land lots available for sale in Greenville, SC.
      68 Pointe Cir, Greenville, SC 29615
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      28,806 SF

      Class A Office Space Available

      Office space with restaurant, fitness facilities, and on-site cafe.
      7 Independence Pt, Greenville, SC 29615
      View Details
    • Contact for pricing
      1,228 SF

      Class A Office Space Available

      High-end office space with on-site amenities in Greenville.
      1 Independence Pt, Greenville, SC 29615
      View Details
    • Contact for pricing
      169,000 SF

      Topgolf-Anchored Mixed-Use Development

      Mixed-use development anchored by Topgolf, zoned for diverse uses.
      Garlington Rd & Wyndham Ct, Greenville, SC 29615
      View Details
    • Contact for pricing
      22,680 SF

      Topgolf-Anchored Development Opportunity

      Mixed-use development near Topgolf, Michelin, and BMW Manufacturing.
      315 Tanner Price Way, Greenville, SC 29615
      View Details
    • Contact for pricing
      3,432 SF

      Class A Office Space Available

      Class A office space with restaurant, fitness facilities, and parking.
      3 Independence Pt, Greenville, SC 29615
      View Details
    • Contact for pricing

      Greenville Retail Space For Lease

      Thriving Greenville market location with strong economic growth.
      10 Chrome Dr, Greenville, SC 29615
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Profitable Greenville Multi Unit Restaurants For Sale!
    Greenville, SC 29615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Profitable Greenville Multi Unit Restaurants For Sale!, Greenville, SC, 29615
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!