Six Figure Absentee Earnings - Restaurant

Not Disclosed, GA
White County


Asking Price: Annual Revenue:
$249,000 $742,714

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Six Figure Absentee Earnings - Restaurant Broker: Steve Weinbaum

Quick Facts

Asking Price: $249,000
Annual Revenue: $742,714
Net Profit: Not Disclosed
Cash Flow: $100,408
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1986
Employees: 15
BBN Listing #: 87458096
Broker Reference #: 7663

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Business Overview:

Completely updated and remodeled Profitable North Georgia Restaurant For Sale located in White County. Over $700,000 in Annual 2019 Revenue. Owner is 100% absentee with annual 2019 earnings of $100,000. A full time owner operator can earn $130,000. This location should qualify for SBA Lending and Owner would consider some Seller Financing for an Experienced, Well Qualified Buyer. This one HAS IT ALL...Longevity, Location, Great Sales, Amazing Reputation and PRICED TO SELL! Owner is also the Landlord and will provide a below market lease rate of only $3000 per month. Opportunities like this beautifully remodeled and upgraded restaurant for sale are hard to find, so don't miss out on the chance to live and own a business in beautiful White County, Georgia. Be the new owner operator of this truly wonderful location. Since taking over, the Owner has added tons of new equipment, made several improvements and enhanced the menu. New flooring, quartz counter tops, Digital menu boards, lighting fixtures, HVAC, work top coolers, fryers, warmers, dry storage room, can racks and other state of the art equipment are just some of the upgrades. The formula for years of success is simple and effective...combine quality food, great service, value, and a friendly inviting atmosphere. This restaurant for sale offered by We Sell Restaurants, does just that. Customers keep coming back again and again! The menu is appealing, yet basic, with every one's favorite appetizer/starter, soup, salad, sandwich, or dinner entree. Here are just a few of the highlights. This North Georgia restaurant for sale has been operating successfully in the same location for over 20 years. Sales history over the last several years show revenue in the mid-$700's. Located in a free standing building with plenty of parking, includes an inside square footage around 2200 square feet, and seats up to 90 with an additional outdoor areas that can accommodate 50 more guests for a total seating capacity of 140! All these seats are needed to accommodate all the regular guests and visiting patrons. The kitchen area of this restaurant for sale is amazing and is kept in great condition with much of the equipment recently upgraded. Two hoods, fire suppression, and plenty of space for the fryers, stove, oven and prep areas needed to deliver high quality meals at a value. It gets even better because the owner would also be your landlord and is offering a very reasonable base rent of only $3000 per month NNN to start and ensure your immediate success! Owner would be responsible for property taxes and insurance, but that still makes the occupancy cost an attractive percent of sales. This Restaurant for Sale is turn-key and absentee owned and operated with a full staff in place. The owner is relocating which is the reason this fantastic opportunity. This restaurant is idea for an owner operator or investor. The owner would even consider selling the real estate under the right circumstance. Don't miss out... Contact your Restaurant Brokers at We Sell restaurants Today

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Property Features and Assets:

Single door Coke Cooler 3 Soft Drink Servers Coffee maker and Pots Misc serveware 3 Marble Work Tables Food Processor Misc Cookware Big Dipper Grease Trap Assorted Storage Shelves Plastic Trash Cans Signage Dining Tables and Chairs for approx 90 Outdoor and Porch Tables and Chairs for approx 50 2 Dressers Security Camera System and DVR All decor Microwave Utility Table Dunnage Rack Sinks Vulcan 6 burner Gas range 36 incj gas griddle True Sandwich Cooler Artic Air 49 CU Freezer 2 Star Max 515F 15LB Deep Fryers Walk in Cooler Meat Slicer Oven 18000BTU ductless heat pump 48 inch True Deli Cooler 60 inch Turbo Air Sandwich prep cooler Manitowoc Ice Maker and remote condenser 48 inch under counter freezer Superior 48 inch gas grill Lowes mini cooler 28 inch turbo air sandwich prep cooler Additional ADDED Summer 2018 3 65lb pitco fryers 1 Hoshizaki 48 inch sandwich prep cooler 1 True 48 inch worktop cooler 1 Southbend Electric Convection Oven with rack system 1 Left and Right dish machine tables sprayer and basket 1 90 inch line table with double shelving 1 new table for flat top grill RECENTLY ADDED OR REPLACED 1 New 72 inch sandwich cooler 1 New 60Inch worktop Freezer 1 New 60 inch worktop cooler 1 New Deli Meat Slicer 1 New Cheese Melter 1 New Chip or Potato Warmer 2 New 70 lb fryers 1 New Full Size Single Deck Convection Oven 1 New Bread Toaster with butter wheel 1 New reach in freezer to replace old one 1 15 inch chargrill 4 New rethermalizer food warmers 1 New double split unit for kitchen and lobby Screen in porch 1 Ice cream freezer 1 Smoothie Blender 4 Flat Screen TVs for ditial menu POS Sysytem Alarm system

Market Competition and Expansion:

Local Repeat customers Decades of Operation Visitor Destination Can open Sunday Can add breakfast

Reason for Selling:

Moving

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.

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