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Business For Sale
RESTAURANT OWNER'S DREAM-WITH OR WITHOUT REAL ESTA
Attn:
Michael Burkeholder
Atlanta Area, GA, USA
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Listing Number: "M3400"
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Listing
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Asking Price: |
$249,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Owners Retiring |
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Year Established:
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2000 |
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# of Employees:
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5 |
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Yearly Revenues:
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$500,000 |
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Yearly Net Profit:
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$65,000 |
Business for Sale Overview:
A restaurant entrepreneur’s dream! Voted best seafood and most romantic restaurant in surrounding (3) county area and rated a 5-Star dining establishment by Lanier Magazine. A beautifully restored 1890 house has been converted an upscale fine dining concept with over $500,000 in annual sales. The restaurant seats 56 in the dining room and 25 in the bar area with additional seating available on the relaxing porch overlooking the historic part of this rapidly growing community. The city has begun an extensive program to revitalize the downtown area and the new owner of this property should see an immediate return on their investment. The home can be expanded to accommodate an additional banquet room for events and the property has able room for parking. A very talented Chef is in place but this unique opportunity is perfect for a husband/wife partnership that want to run both the kitchen and the front of the house. Buy the business only or leverage the purchase with the real estate. The business can be purchased separate from the real estate for $249,000 but the real value of this opportunity is purchasing the business and real estate for $699,000. An opportunity of this magnitude does not come along very often.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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