Business For Sale

Historic Downtown Freestdg Restaurant w/Real Estat

Not Disclosed, GA
White County

North Georgia Mountain Area


Asking Price: Annual Revenue:
$1,000,000 $1,178,673

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Historic Downtown Freestdg Restaurant w/Real Estat Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,178,673
Net Profit: Not Disclosed
Cash Flow: $289,715
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1993
Employees: Not Disclosed
BBN Listing #: 51829193
Broker Reference #: 1858

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Business Overview:

North GA Mountains Historic Downtown Freestanding Restaurant for Sale w/Real Estate- Absentee Owner Net’s $289,715 – Solid Books/Fed Tax Returns – Est. 25-Years.

North GA Mountains Restaurant.

Incredible opportunity to own a business in the heart of a North GA Mountain Historic Downtown District.

Very profitable.

Sale Includes Real Estate.

Solid Books.

3,150 sf freestanding building.
0.072 acre site.
Plenty of parking.

Established almost 25-years.

2017 Gross Sales $1,178,673.38
2017 Net Profit $289,715

2016 Gross Sales $1,247,774.46
2016 Net Profit $296,390

2015 Gross Sales $1,138,126.57
2015 Net Profit $245,989

City Taxes- $583
County Taxes – $1,790

All net profit numbers are to an Owner who spends more then 10-hours per week but doesn’t run any shifts.

Adding a license to pour and or opening for breakfast or Saturday-Sunday Brunch would dramatically increase sales and profit.

Sale includes:
POS system;
New equipment;
Added back addition with walk-in cooler and in closed back area which is not included in 3,000.sf.;
Redone restrooms;
Catering business with equipment;
Catering van.

Full due diligence package includes three years of federal tax returns, profit and loss statements and last appraisal on the property.

Full staff in place for a flawless transition.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Sale Includes Real Estate. 3,150 sf freestanding building. 0.072 acre site. Plenty of parking. Sale includes: POS system; New equipment; Added back addition with walk-in cooler and in closed back area which is not included in 3,000.sf.; Redone restrooms; Catering business with equipment; Catering van.

Market Competition and Expansion:

Adding a license to pour and or opening for breakfast or Saturday-Sunday Brunch would dramatically increase sales and profit.

Reason for Selling:

Retiring.

Additional Details:

  • The property is owned.
  • 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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