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Newberry County, South Carolina
Asking Price
$499,000
Revenue
Call/Email
Down
$170,000
Cash Flow
Call/Email
Name: Eli Tatem
Name
Eli Tatem
Year Established:
2023
Employees:
15
FE&E:
$100,000
Reason for sale:
seeking other opportunities
Lease Expiration:
12/31/1969
Lease Options:
$2,400
Listing Number:
52661-469852
Sales:
$900,015
Seller's Discretionary Earnings:
$172,647
Inventory:
$20,000
Posting ID:
ID tw:88108 / Listing Number 52661-469852
Business Category:
Restaurants
Keywords:
Transworld
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Are you ready to sink your teeth into a delicious opportunity? Look no further than this exceptional Steak Restaurant business for sale in sunny South Carolina! With a prime location in a bustling strip mall on a main road, this restaurant has been sizzling for three successful years and shows no signs of slowing down. Known for serving up Grade A meats in generous portions, this restaurant has become a beloved fixture in the local community and a must-visit spot for both residents and travelers alike. With a stellar reputation backed by a whopping 1400 Google reviews and an impressive rating of 4.9 stars, it's clear that this gem of a restaurant has captured the hearts (and appetites) of many. But the excitement doesn't stop there. Situated in a rapidly-growing town with new construction, subdivisions, and apartment complexes popping up left and right, this business is perfectly positioned to ride the wave of development and expansion. Add to that the proximity to multiple manufacturing facilities, with more on the way, as well as a major college just a stone's throw away, and you have a recipe for success just waiting to be capitalized on. With the right buyer at the helm, the potential for growth and increased profits is virtually limitless. Whether it's extending operating hours to accommodate post-event crowds from the college or introducing new menu items to cater to the diverse tastes of the expanding town population, the opportunities for expansion are as plentiful as the servings at this steakhouse. If you're a savvy investor looking for a turnkey restaurant business with a proven track record of success, loyal customers, and untapped growth potential, look no further than this South Carolina Steak Restaurant. Don't miss out on this mouthwatering opportunity – visit https://www.tworld.com/ today for more information and to make this delicious dream a reality. It's time to take a bite out of success! This restaurant is a gem. Sits in a high traffic strip mall on a high traffic main rd. The town it self is growing real fast. With New construction, subdivisions, apartment complexes going up through out the town not to mention it self has a lot of manufacturing around and 3 more new manufacturing are being built and will be ready to operate in the next 12 months. The post gets even better. The restaurant sits about a mile from a major College and gets a BIG crowd after events.The right fit can expand hours and result to more revenue and profits. https://tworld.com/locations/South-Carolina/westerncarolinas/listings/Turnkey-SteakHouse-Opportunity:-900K-Revenue

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Bar & Restaurant Asset Sale in LA Koreatown – Flexible Concept Opportunity
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LA Koreatown Korean Pub / Pocha for Sale Opportunity to Expand Daytime Operations · Reasonable Offers Considered This Korean-style pub and pocha is located in a prime area in the heart of LA Koreatown. The business currently operates as a traditional Korean pub serving soju, beer, makgeolli, and a variety of Korean bar foods, including fried dishes, stir-fried dishes, and spicy appetizers. The restaurant has a lively and casual atmosphere, making it a comfortable place for friends and coworkers to enjoy drinks and food. A new owner may continue operating the current Korean pub and pocha concept or introduce a new menu, brand, or concept. Currently Open Only During Evening Hours. Potential to Increase Sales by Adding Breakfast and Lunch Operations The current business hours are from 6:00 p.m. to midnight, and the restaurant operates only during the evening. The morning and lunch hours are currently unused, creating significant potential for a new owner to expand operations and increase revenue by opening during the daytime. Because the business is located in the heart of LA Koreatown, it may benefit from steady customer traffic from nearby office workers, residents, visitors, and customers dining at surrounding restaurants. By adding coffee, boba drinks, simple desserts, brunch, Korean snack foods, light meals, or takeout items during the morning and lunch hours, a new owner may be able to create an additional source of revenue beyond the existing evening sales. Since the premises are currently unused for a substantial portion of the day, extending the operating hours may also allow the existing facilities and rent expense to be utilized more efficiently. The business currently closes at midnight, but the operating hours may potentially be extended until 2:00 a.m., allowing a new owner to attract additional late-night customers. Good Opportunity for a New Concept The current Korean pub and pocha concept may be continued after the purchase. However, no POS records, Profit and Loss statements, tax returns, or other official financial documents are available. Therefore, rather than evaluating the business solely based on the reported sales, this opportunity may be more suitable for a buyer who wants to use the location, existing improvements, seating capacity, and liquor license to launch a new menu or concept. Potential concepts may include a Korean pocha, pub, izakaya, fusion bar, Korean snack restaurant, boba shop, dessert café, or a combined daytime and evening operation. Seller Will Consider Reasonable Offers The seller is motivated to sell and is open to discussing reasonable offers from serious and qualified buyers. After reviewing the business conditions and potential of the location, buyers are encouraged to visit the premises and submit a good-faith offer. There may be room to negotiate the purchase price and transaction terms. Basic Information * Premises Size: Approximately 1,250 sq. ft. * Seating Capacity: Approximately 55 seats * Rent: $3,200 per month plus approximately $2,000 CAM * Annual Rent Increase: 3% * Lease: Approximately 1 year and 6 months remaining, plus a 3-year option * New Lease May Be Negotiable * Monthly Sales: Approximately $23,000 to $24,000 * Delivery Sales: Approximately $4,000 per month * Takeout Sales: Approximately $5,000 per month * Employees: One full-time employee at $20 per hour and two part-time employees at $17 per hour * Owner Involvement: Full-time owner-operated * Opened: January 2021 * Reason for Sale: Seller would like to take a break * Transaction Terms: Cash Only * SBA Financing Is Not Available * Liquor License Included * No POS Records, Profit and Loss Statements, or Tax Returns Available With a desirable location, ample seating, an existing kitchen, and a liquor license, this business may be a good opportunity for a buyer who wants to expand operations into the breakfast, lunch, or late-night hours and create additional revenue. The opportunity may be suitable for buyers who wish to continue the current business or introduce a new brand, menu, or concept.

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Discover the exceptional opportunity to own an absentee-run sandwich shop nestled in the bustling Roseville shopping plaza, California. This unique, sports-themed deli is strategically located near Highway 65 and a mere three-minute drive from the renowned Westfield Galleria shopping mall, offering both high foot traffic and visibility. Featuring fresh, in-house baked bread and specialty sauces, this thriving business prides itself on its quality and distinctive offerings. The shop occupies a spacious 1800 square foot area and comfortably accommodates up to 49 patrons with a mix of tables and booths. It's not just a place to grab a bite; the patriotic ambiance adorned with American flags and sports posters creates an inviting and engaging dining experience. In terms of financial performance, this sandwich shop boasts annual sales of $310,000. The lease amount stands at $6,282, covering efficient utilities such as water and garbage, along with CAM charges. The business's solid financials coupled with its prime location present an attractive venture for potential investors seeking a profitable and sustainable venture. The business is listed as 'for sale' by owner Tommy Tran, a licensed broker. As a potential buyer, you will have the opportunity to step into a smoothly running operation and receive comprehensive support and training from Tommy to ensure a seamless transition of ownership. Don't miss out on this rare opportunity to own a thriving sandwich shop in a prime location. Inquire now for more details and to explore the potential of this absentee-run business.

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Discover a lucrative opportunity to own a high-income, turnkey Korean restaurant located in Solano County, California. Nestled in the heart of a bustling shopping center, this restaurant is anchored by a national grocery chain, ensuring a steady stream of foot traffic and excellent brand visibility. This venture is a gem in the vibrant Asian food industry, offering a unique blend of traditional Korean dishes in a chic bistro setting. The restaurant boasts an upscale interior design and a professional-grade commercial kitchen, complete with a Type 1 Hood & Grill. With a reasonable rent and a long lease term of 15 years, this restaurant promises a secure and profitable future. Additionally, this business holds an active Beer & Wine license, opening up avenues to bolster revenue through expanded beverage offerings. Despite being an absentee-owner business, the high net income potential makes this a highly sought-after investment. To ensure a smooth transition, the current owner offers training and support for the new owner. This is a rare opportunity to capitalize on the growing demand for Asian cuisine and generate impressive profits. Don't miss this unique chance to own a thriving restaurant in one of California's prime locations. Please reach out to broker Lucy Yoon at luciayoonrealtor@gmail.com or call +14154070016 for more details. Act now and secure your future in the thriving restaurant and food industry.

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