Owner Financing is Available!
Business Overview:
Lake Oconee Restaurant & Bar “Stunning Brand New Build-Out” Keep As-Is Or Convert “Makes Money”. This restaurant is located in the lake district of Lake Oconee surrounded by tons of golf courses, resorts including the world renowned Ritz Carlton and Reynolds Plantation being almost at their gates.
Current full service restaurant has sales ranging from $29,000 to $35,000 per month with net profit to Owner of approximately $5,000 to $7,000 per month. Current Tenant recently spent $115,0000 on brand new build out with all furniture, fixtures and equipment being brand new.
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:
3,050 sq. ft. with seating for 75 plus full bar that seats 9 plus some outdoor seating. Fifteen year lease at only $2,000 per month which includes all extras. Lease is made up of one year primary term with a three year option followed by two five year five year options to renew. Current Tenant recently spent $115,0000 on brand new build out with all furniture, fixtures and equipment being brand new.
Market Competition and Expansion:
Keep as is or convert to any concept.
Reason for Selling:
Relocation.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: