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- RE: Albany Bar And Restaurant With Real Estate. $130K Owner Benefit
- Contact: Holmes Team
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,444,430 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $130,434 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1974 | |
| Employees: | 20 | |
| BBN Listing #: | 1007526 | |
| Broker Reference #: | 36861 |
Business Overview:
Bar for Sale with Real Estate & Residential Income Potential in Georgia
Bar for Sale with Real Estate Included in Georgia, offered at $550,000 with verified financials showing an Owner Benefit of $130,434 from the bar and restaurant operation. The sale includes the approximately 2,895-square-foot restaurant, additional residential properties, and the main residence. Importantly, residential rental income is not included in the $130,434 Owner Benefit, meaning any income generated from the residential properties would be additional revenue to the buyer. This turnkey opportunity combines an established hospitality business, commercial real estate, residential assets, a full liquor license, and multiple avenues for future growth.
Step into a fully equipped venue with approximately 110 indoor seats plus patio seating, a complete kitchen and bar, ample parking, modern finishes, and strong visibility. The flexible layout supports sports, pizza, full-service dining, nightlife, entertainment, and private events, with established lunch, dinner, and late-night traffic providing a strong foundation for continued operations.
The residential component adds significant flexibility and value. The current owner occupies the main residence, giving a new buyer the option to live on-site or potentially rent the residence for additional income. The additional residential properties may also generate supplemental rental revenue, creating income opportunities beyond the bar and restaurant operation.
An experienced team of 20 employees is already in place to support daily operations and provide continuity through the transition. The seller will provide one week of hands-on training covering recipes, service standards, systems, and procedures. A buyer can continue the existing concept or bring a new vision to the property.
There is substantial room to grow revenue through private parties, live entertainment, game-day promotions, special events, brunch, catering, takeout, delivery, and expanded operating hours. The existing footprint, liquor license, customer base, and infrastructure provide a strong platform for implementing new revenue streams without the expense of starting from scratch.
Owning the real estate eliminates the uncertainty of rising commercial rent while providing a tangible asset alongside the operating business. Convenient access, visibility, ample parking, and a layout designed for busy service periods further enhance the property's versatility.
Qualified buyers may pursue SBA financing, potentially allowing the acquisition of both the business and real estate with as little as 15% down, subject to lender approval and qualifications. Buyer prequalification is required before the property address, confidential financial information, or tours are provided.
At $550,000, this Bar for Sale offers an established hospitality business, full liquor license, $130,434 verified Owner Benefit, trained staff, commercial real estate, residential properties, and additional rental-income potential not reflected in the stated Owner Benefit.
Bring your vision and capitalize on the business, real estate, and additional income opportunities included in this unique package.
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Property Features and Assets:
Hood, Grease Trap-(In Ground), Fryer 1, Fryer 2, 6 burner stove, Flat Top, Grill, 3 Compartment Sink, Pizza Oven, Blender, Rice Cooker, Smallwares(pots, pans, ladles, etc), Soup Well, Miscellaneous shelving, 1 Prep Table, Sheet Pan Racks, Meat Slicer, Walk In Cooler, Glass Door Reach In Cooler , Reach in Freezer, Other Refrigeration, Ice Machine, Sandwich Prep Coolers, Pizza Cooler, Freezer Chest, 23 Count of Tables, 110 Chairs, Seating capacity 110 people, Flatware, Service ware, Keg Cooler, Blenders, Ice Well, Sound System, Bar Glassware and Smallwares, Bar Stools, POS System?Brand , Security System with Cameras, Copy machine, Flat Screen TV?s, High Chairs, Booster Seats, Neon Signs, Trash receptacles, Utility Carts
Market Competition and Expansion:
It?s conveniently located near a major university, making it a popular spot for students and locals alike. It also stands out as the town?s only bar, offering a unique social hub for the community.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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