Historic Downtown Griffin Greek-Italian Restaurant
Griffin, GA Spalding County
Atlanta Metro South
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- RE: Historic Downtown Griffin Greek-Italian Restaurant
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $595,000 | |
| Annual Revenue: | $522,529 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $123,252 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $400,000 | |
| Year Established: | 2008 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 937800 | |
| Broker Reference #: | 6181 |
Business Overview:
Historic Downtown Griffin GA Greek-Italian Restaurant & Pizzeria for Sale w/Real Estate – Est. 16-Years – Net Profit $123,252.10 – Short Hours – Keep or Convert (This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request) Historic Downtown Griffin GA Greek-Italian Restaurant & Pizzeria for Sale w/Real Estate Angelos Mediterranean Restaurant for Sale. Located at 102 N Hill St, Griffin, GA 30223. Same owner since 2008. Short Hours. Closed Saturday and Sunday. Restaurant closed in Summer for one month when Owner vacations in Greece. Adding weekend shifts and month in Summer will dramatically increase sales and profit. 2022 Gross Sales $522,529.93 on 5-Days only an and no deliveries. 2022 Net Profit $123,252.10 2023 Numbers are almost done but will be about the same as 2022. 1,100/SF. Seating for 57. Serves Beer and Wine. Books and Records available upon request. Owner retirement forces sale. Fully equipped kitchen can produce at any volume and any cuisine. Sale includes name, recipes, business, building and real estate.
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Property Features and Assets:
1,100/SF. Seating for 57.
Fully equipped kitchen can produce at any volume and any cuisine.
Serves Beer and Wine.
Market Competition and Expansion:
Keep or convert.
Adding weekend shifts and month in Summer will dramatically increase sales and profit.
Reason for Selling:
Retirement
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 Georgia businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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