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Neighborhood Restaurant Grill

Richland County, South Carolina

Asking Price: Gross: Cash Flow:
$324,900 $972,148 $171,494

Furniture and Fixtures Value:
$320,000 (included in the asking price)

Inventory Value:
$5,600 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Community Restaurant and Bar serving burgers, wings, salads, sandwiches, fish and more. The bar is the local "Cheers", where people from neighboring communities gather for laughs and good times.

 
   
   
Year Business was Established: 2019
   
Number of Employees: 4 FT/15 PT  
   
Facilities / Terms of Lease: The Restaurant, which seats 132 people. is located in a small strip mall. They are 3 months into a 3 year lease with an option for an additional 3 years.  
   
Competition: Like any restaurant, there are multiple competitors within a 3-mile radius. Only one nearby restaurant has similar food offerings, however, the menu is pricier and the location is in a traffic congested area.  
   
Owner willing to finance: $35K down/$100K over 120 mos. @ 6.50%/Other Financing.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Personal Reasons.  
 

 

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