Established Farm-to-Table Restaurant with Full Bar in Spartanburg, SC

TeaStar Cafe

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Financial Details

Asking Price:
$147,000
Annual Revenue:
$500,000
Cash Flow / SDE:
$100,000
Valuation Multiple:
1.5x
Location:
Spartanburg, SC, US
Source:
Date:
May 23, 2025

Key Highlights

- Established farm-to-table restaurant with full bar in downtown Spartanburg, SC.
- Features a 3,000 sq.ft. space with a 1,500 sq.ft. kitchen and 500 sq.ft. outdoor patio.
- Operating for 4 years; being sold due to owner's retirement; lease has 14 months remaining with a 3-year renewal option.

Description

Established farm-to-table restaurant with a full bar located in downtown Spartanburg, SC. The restaurant features a 3,000 sq.ft. space with a 1,500 sq.ft. kitchen and a 500 sq.ft. outdoor patio. The business has been operating for 4 years and is being sold due to the owner's retirement. The lease has 14 months remaining with an option to renew for 3 years.

Industry Information

Industry Description:
Restaurants
Classification:
Restaurants & Food

Listing Details

Listing ID:
7c67e310-7f7b-4989-9e71-b286309c2a08
Deal Status:
For Sale
Date Posted:
May 22, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

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