Business For Sale

Historic Downtown Restaurant/Bar w/Real Estate

Griffin, GA
Spalding County

South 6th Street


Asking Price: Annual Revenue:
$1,000,000 $840,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Historic Downtown Restaurant/Bar w/Real Estate Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $840,000
Net Profit: Not Disclosed
Cash Flow: $130,600
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 469429193
Broker Reference #: 1889

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Business Overview:

Historic Downtown Griffin GA Restaurant & Bar w/Real Estate for Sale or Lease – Profitable & TurnKey – Owner Financing.

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

Historic Downtown Griffin GA Restaurant & Bar w/Real Estate for Sale or Lease.

Located on 6th and Taylor Street (Hwy 16E), a downtown location with private parking across the street.

Profitable & TurnKey.

Owner Financing.

Established ten years.

5,000/sf.
Seating 150.
Two bars seat 21 plus bar tables.
Outdoor seating for 20.
Additional patio seats 40.

Rental rate on business sale only without the real estate is $5,500 per month plus real estate taxes of $10,000 annually.

The owner has a long-term lease for parking for an additional 40-cars at $450 per month with 3% bumps.

2017 Gross Sales $840,000 on only four dinners.
Net Profit to Husband and Wife Team is $130,600 after paying all expenses and staff.

Adding lunch, brunch and more nights would dramatically increase sales and profit.

Priced at $1,000,000 lock, stock & barrel or business alone at $275,000.
Seller will consider Owner financing to financially qualified Buyer with good credit.

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Property Features and Assets:

Located on 6th and Taylor Street (Hwy 16E), a downtown location with private parking across the street. 5,000/sf. Seating 150. Two bars seat 21 plus bar tables. Outdoor seating for 20. Additional patio seats 40. Rental rate on business sale only without the real estate is $5,500 per month plus real estate taxes of $10,000 annually. The owner has a long-term lease for parking for an additional 40-cars at $450 per month with 3% bumps.

Market Competition and Expansion:

Adding lunch, brunch and more nights 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:

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