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Business For Sale

Downtown Athens Restaurant-$175K Net Profit

Athens, GA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$495,000
$542,457
Not Disclosed
$174,233
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
630029193
Owner Financing is Available!
Very generous long term Owner financing options.

Business Overview:

This Downtown Athens Georgia full service restaurant is located just steps away from the University of Georgia. This well established business in the heart of Downtown Athens boasts rent at half of what market is if there was even a space available. Critically acclaimed and an Athens favorite for many years. Open lunch and dinner six days a week. Almost $150,000 to spruce up space recently. 2009 year ending had Owner pulling out $174,233.83 after paying all expenses on sales of $542,457.90. 2010 sales are going thru the roof and higher then the previous year. Current average monthly sales in 2010 are $65,000 which is $15,000 more then the monthly average sales of 2009.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

1,900 sq. ft. Long term lease at $2,800 per month. Several years exist on current lease with two five year options to renew. Seating for 66 with 7-seat bar. Full support and training included in price.

Market Competition and Expansion:

Adding Sunday brunch and dinner would dramatically increase sales.

Reason for Selling:

Please inquire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: