Business Overview:
Gainesville GA Freestanding Restaurant & Bar w/Real Estate for Sale or Lease – 5-Min to Lake Lanier – Profitable – SBA Friendly – Keep or Convert
7,561/SF freestanding building.
.95 acres.
2022 Bank Appraisal on Real Estate, Furniture, Fixtures, and Equipment $1,590,000.
Well Established.
Minutes to Lake Lanier.
Open and Operating.
Keep or Convert to any restaurant concept or retail, office, medical, etc.
Fully staffed.
Great Books and records.
2022 Gross Sales $1,200,000 on 5-Days Dinner Only.
2022 Net Profit $125,000.
Sales and Profit numbers do not include delivery-pick-up orders of another $70,000.
Tax Returns Available including 2022.
Capacity 300.
Full bar.
Short Hours.
Large all-year patio.
70-parking spaces.
Free training and Support.
Below market pricing.
Priced at $1,499,000 including Real Estate, Business, Furniture, Fixtures, and Equipment. Business acquisition is only $325,000 excluding real estate with a long-term lease of $8500 plus real estate taxes of $430 per month.
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Property Features and Assets:
7,561/SF freestanding building.
.95 acres.
Capacity 300.
Full bar.
Large all-year patio.
70-parking spaces.
2022 Bank Appraisal on Real Estate, Furniture, Fixtures, and Equipment $1,590,000.
Market Competition and Expansion:
Keep or Convert to any restaurant concept or retail, office, medical, etc.
Reason for Selling:
Other business 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.
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