Athens GA Five Points Restaurant & Bar w/Patio

Athens, GA
Clarke County

Milledge Avenue

Asking Price: Annual Revenue:
$475,000 $1,081,878

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Athens GA Five Points Restaurant & Bar w/Patio Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,081,878
Net Profit: Not Disclosed
Cash Flow: $219,295
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 158229193
Broker Reference #: 3014

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Business Overview:

Athens GA Five Points Restaurant & Bar for Sale w/Outdoor Patio & Separate Craft Bar – High Profit – Owner Financing – Killer Staff – Solid Books

(These are Open and Operating Businesses. Please be respectful and do not make any attempt to contact Staff, Management, Landlord and or Ownership. Documentation, Due Diligence, and Inspections will be provided upon request)

Athens GA Restaurant & Bar for Sale w/Outdoor Patio & Separate Craft Bar.

This opportunity includes The Pine and The Root.

2/10’s of a mile from the University of Georgia.

The Pine is a restaurant and bar offering Southern-inspired progressive American farm to table fare amid pine-wood accents & local art featuring a wood-burning oven visible to guests.

The Pine is a favorite Five Points neighborhood dining spot.
Located at 1235 S Milledge Ave, Athens, GA 30606.

Rediscover traditional Southern cuisine. Rippin-hot wood-fired cooking is the heart of The Pine where our custom, wood-stoked oven gives distinctive savoriness to classic, down-home dishes.

Drawing inspiration from around the world, The Pine masterfully blends complex flavor with delicious simplicity to delight every appetite.

Our menu celebrates what is local and seasonal; while the bar highlights all-American wine, craft beer, and specialty cocktails.

The restaurant is as casual as it is chic with artisan crafted heart-pine bar, hand-made brick oven and original, local artwork — all proudly “athens made”.

It’s no secret that guests feel at home here hanging with friends for a drink or bite to eat.

A genuine neighborhood gathering place located in the heart of Five Points, The Pine is open for lunch, dinner and Sunday brunch.

Seating for 49.
Bar seats 14.
Outdoors patio seats 16.

Opening costs of almost $400,000 on September 14, 2015.

Total rent of $6,000 per month includes The Root Bar.
Several years remain on lease with an option to renew.

2018 Gross Sales $1,081,878.62.
2018 Net Profit of $219,295.91

2019 year-end number being put together but look to be very close to the previous year.

The Pine operates with an incredible staff of General Manager, Executive Chef, Marketing Director, Bar Manager, 5-Servers, Dishwasher, and Host.

Open lunch and dinner six nights a week except for Monday.

The Root Basement Bar is located directly below The Pine with entrances into the restaurant and separately.

Handcrafted seasonal cocktails, craft beer, and impressive whiskey choices are not the only things to love about The Root. Step downstairs from The Pine or walk in through the basement door to enjoy the sublime snacks, pub games, and big-screen TVs. With plenty of room, you’re sure to find friends in our tucked under Five Points bar.

20-set bar.
12 additional seats.

The staff is comprised of three Bartenders.

Small plates and apps served come from The Pine kitchen.

Almost $100,000 was spent to open doors three years ago.

Sales of $350,000 to $360,000 and part of overall sales of The Pine.

Open 4 pm-11 pm.

The Pine and The Root are priced at $475,000 with Owner financing options.

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:

Total rent of $6,000 per month includes The Root Bar. Several years remain on lease with an option to renew.

Market Competition and Expansion:

Ask broker for details

Reason for Selling:

Other business interests.

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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