Greensboro GA Lake Oconee Area Restaurant & Bar
Greensboro, NC Guilford County
Lake Oconee Area
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- RE: Greensboro GA Lake Oconee Area Restaurant & Bar
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $379,000 | |
| Annual Revenue: | $1,309,395 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $231,589 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 519729193 | |
| Broker Reference #: | 6453 |
Business Overview:
Greensboro GA Lake Oconee Area Restaurant & Bar for Sale – Est 15-Years – Profitable – Keep or Convert
Minutes to Ritz Carlton Reynolds Plantation & Lake.
Established 2010.
Desirable Lake Oconee location.
Middle to a very high-income area.
Freestanding 5800/sf.
Profitable.
$7,800 Monthly Rent All In.
Monthly rent on business purchase to be negotiated.
New Long term lease to be negotiated.
Seats 160.
Bar seats 28.
Outdoor patio seats 20.
Well Established.
Fully up to code.
Monday-Saturday 5PM-10:00PM.
Closed Sunday.
2022 Gross Sales $1,324,449.00 on dinners only.
2022 Net Profit $236,699.53 after paying all expenses.
2023 business up from the previous year.
2023 Gross Sales $1,469,011.00 on dinners only.
2023 Net Profit $304,866.77 Profit after paying all expenses.
2024 Gross Sales $1,309.395,36 .
2024 Net Profit $ 231.589,97
Adding lunch, brunch and additional dinner shift can dramatically increase business.
Great staff in place including Executive Chef makes for a flawless transition.
Full Owner Support and Training at not cost.
Contact the Seller:
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Property Features and Assets:
Desirable Lake Oconee location.
Middle to a very high-income area.
Freestanding 5800/sf.
Profitable.
$7,800 Monthly Rent All In.
Monthly rent on business purchase to be negotiated.
New Long term lease to be negotiated.
Seats 160.
Bar seats 28.
Outdoor patio seats 20.
Well Established.
Fully up to code.
Monday-Saturday 5PM-10:00PM.
Closed Sunday.
Market Competition and Expansion:
Adding lunch, brunch and additional dinner shift can dramatically increase business.
Reason for Selling:
Other business interests. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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