Business For Sale

Historic Downtown Freestanding Restaurant w/ R.E.

Cornelia, GA
Habersham County

Downtown


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

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Historic Downtown Freestanding Restaurant w/ R.E. 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: $1,000,000
Year Established: 1996
Employees: Not Disclosed
BBN Listing #: 706829193
Broker Reference #: 1959

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

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

(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)

Diner for sale. Located in the beautiful North GA Mountains.

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

Fender’s Diner opened in 1996!

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 no more than 10-hours per week but doesn’t run any shifts.

Adding 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:

3,150 sf freestanding building. 0.072-acre site. Plenty of parking. City Taxes- $583 County Taxes – $1,790 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 breakfast or Saturday-Sunday Brunch would dramatically increase sales and profit.

Reason for Selling:

Other interests.

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.

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!