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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Established Italian Restaurant For Sale - Loyal Clientele! Lexington, SC 29072

2,400 SF Built 2008
Property ID
Property summary
AI-generated overview

This thriving Italian restaurant in Lexington, SC, presents a unique opportunity for ownership. Established in 2008, this 2,400 square foot restaurant boasts a loyal clientele and strong financial performance. The asking price is $499,000 for this asset sale, which includes all equipment and furnishings. The current lease, expiring June 30, 2025, has a monthly rate of $5,140. Financial records show gross revenue of $750,689.14 and a cash flow of $194,135.28 in 2024. The restaurant is fully equipped with everything needed for immediate operation, including a comprehensive kitchen setup (double pizza oven, multiple prep tables, refrigerators, freezers, etc.), a well-stocked bar area (draft lines, coolers, etc.), and ample seating for approximately 100 patrons (tables, chairs, booths). The current staff of 19 employees is in place, providing a seamless transition for the new owner. The seller is retiring and offering support during the transition. Located in a high-traffic area with excellent visibility, this restaurant benefits from a rapidly growing community with strong demographics and significant growth potential. This turnkey operation offers immediate returns and the chance to build upon an already successful legacy. The sale does not include inventory.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2008
Total area 2,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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