NEWS & RECENT TRANSACTIONS

Profitable Cafe and Bar in the Heart of Greenville SC

Greenville

Listing ID: GVL0152
Asking Price: $499,000
Sq. Ft.: 2400
Total Revenue: $1
Cash Flow: 199000
Rent: $4,000
Available Financing:

Description

This long-standing, nearly 30-year Greenville legend offers a sophisticated tapas-driven dining experience across two stylish floors, totaling approximately 2,400 square feet. The venue features an intimate ambiance, a full bar, and a Mediterranean-inspired small-plate menu that has earned a loyal following among locals and visitors alike. Open Tuesday–Sunday evenings with late-night bar service on weekends, the business generates approximately $1,200,000 in annual sales, delivering a strong owner NOI of $199,000. Monthly rent is an attractive $4,000, and the sale includes all furnishings, fixtures, equipment, and established brand identity—providing a fully turnkey opportunity for a new operator.

Market and Competition

Positioned in the absolute center of Greenville’s bustling downtown, the restaurant benefits from constant foot traffic and close proximity to the city’s most popular shopping districts, arts venues, and music destinations. The local market continues to expand, fueled by Greenville’s reputation as one of the Southeast’s most dynamic small cities. While the downtown area boasts a diverse dining scene, very few establishments combine elevated tapas, craft cocktails, and an intimate two-floor lounge environment. This unique positioning and decades-long local legacy offer a powerful competitive advantage.

Growth and Expansion

Opportunities for expansion include extending operating hours into lunch or weekend brunch, enhancing the bar program with happy-hour offerings, and leveraging the two-floor layout for private events, corporate gatherings, or live entertainment. Additional revenue could be generated through curated tasting events, collaborations with nearby cultural venues, or expanded marketing efforts targeting tourists and hotel partners. With strong existing profitability and an unmatched downtown location, the business is primed for continued growth under a visionary new owner.


    To request more information about this listing, please contact:
    Chef John Malik


    chefjohnmalik@gmail.com