Profitable North Georgia Italian Restaurant

Not Disclosed, GA


Asking Price: Annual Revenue:
$349,500 $962,857

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable North Georgia Italian Restaurant Broker: Steve Weinbaum

Quick Facts

Asking Price: $349,500
Annual Revenue: $962,857
Net Profit: Not Disclosed
Cash Flow: $159,796
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 20
BBN Listing #: 9328096
Broker Reference #: 8340

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Business Overview:

It's Time to Leave the Fast Paced High Stress Demands of Living in Metro Atlanta and Move to the Serene Surroundings that Only the North Georgia Mountains Can Offer. Buy this Turn-Key Profitable Restaurant For Sale. This Restaurant is Truly a Buyer's Dream... Open and Operating for twenty Five Years, Annual Sales of around $1 Million, Annual Owner Earnings of $160,000, Strong Verifiable Books and Records, and a Brand New Long Term Lease at Less than 5% of net Sales. Could it Get Any Better? YES...Seller is willing to Consider Owner Financing For a Well Qualified Buyer. This Listing Should Also Qualify for SBA Lending.

This Profitable Italian Restaurant for Sale is a family-owned and operated serving the best and freshest Italian food in the area. Reviews and ratings on Yelp, Google, Trip Adviser, and Facebook all range from 4 1/2 to 5 stars. All our food is cooked to order and prepared fresh and reasonably priced. The menu includes fresh seafood, steaks, pasta, salads, and pizza. The restaurant also has a full liquor license so customers can enjoy a glass of wine or their favorite cocktail with dinner. There's something for everybody!

There is plenty of parking and this profitable Restaurant for Sale by We Sell Restaurants is the perfect size of 3,200 square feet that can seat over 120 guests. You would think the rent for a freestanding restaurant of this size generating revenue in excess of $80,000 per month would be over $20 per square foot. Well it's not... in fact the next owner will have access to a total of 10 years with a beginning rate of only $15 per square foot or $4,000 per month. Owner Training, Fully Staffed and Seller Financing make this an amazing opportunity that won't last in this terrific mountain setting. And talk about work-life balance...the restaurant is open limited hours five days a week. That's right...$80,000 in monthly revenue is done only serving dinner FIVE DAYS. The new owner can continue to enjoy working limited hours or open for lunch and/or more days for even more earnings.

The North Georgia mountains or Northeast Georgia region is an area that starts in the northeast corner of Georgia and spreads in a westerly direction. The mountains in this region are in the Blue Ridge mountain chain that ends in Georgia. The region is known for its serene beauty, lakes, quaint towns, wineries, and endless array of outdoor activities. Conveniently located just a few hours north of Downtown Atlanta, this is the perfect place to call home.

So don't wait. Call your restaurant brokers today at We Sell Restaurants and learn how you can be the next owner of this profitable Italian Restaurant for Sale in Beautiful North Georgia while enjoying the lifestyle a high six-figure salary can provide.

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:

Mobile Bytes POS System 9 36in x 36in tables 3 70in round tables 15 30in x 48in tables 1 30in x 30in round table 2 bar tables 130 chairs 12 bar stools Espresso machine 4 outdoor benches 3 indoor benches 1 electric fireplace all smallwares cookware serveware 10x20 cooler freezer combo 1 fryer bauers pride pizza oven middlby marshal pizza oven countertop convection oven pasta machine 6 burner stove chargrill salamander 10 burner stove 2 two door pizza coolers with plate shelves steam table with plate shelves 2 door freezer 5 stainless tables 24 foot hood and ansel system hobart dough machine slicer conveyor bread machine plus a back up one bread warmer small mixer 2 door salad cooler stand up beer cooler stand up wine cooler various kitchen shelving racks frying pans pots pans utensils food processor

Market Competition and Expansion:

Located near resorts and residential areas. Well established. Only open 5 days a week, dinner only.

Reason for Selling:

Retirement

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.

Relevant Links:

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