Pub for Sale in Athens - Downtown College Town

Athens, GA
Clarke County

Asking Price: Annual Revenue:
$74,500 $360,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pub for Sale in Athens - Downtown College Town Broker: Steve Weinbaum
License #: 365512, SL 3406248

Quick Facts

Asking Price: $74,500
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 9
BBN Listing #: 79608096
Broker Reference #: 7033

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Business Overview:

Fantastic Pub for Sale! Don't Miss Out on this Unique Opportunity to Own a Built Out 2,500 Square Foot location in Amazing Downtown Athens, Georgia just steps away from the UGA Arches, all for LESS THAN $75,000. The Owner Spared No Expense and Spent Six Figures on this Turn-Key Location. Now You Can Own It For "Pennies on the Dollar."

This inviting Pub for Sale is located in one of the most desirable places to live in all of Georgia, if not the country. Athens, Georgia was named the “#1 Best Place to Retire” by Forbes Magazine in 2017. It was also included in the “Top 50 Places to Retire” from Fortune Magazine recognized as one of the “50 Best Master-Planned Communities in the United States. With a low cost of living, historic downtown, and home to the University of Georgia campus, Athens is one of the most sought-after cities in the South. Distinctive neighborhoods combine classic Southern living with essential modern amenities, and a host of social activities.

This Pub for Sale location listed by We Sell Restaurants is in the heart of Downtown Athens, just steps away from the University of Georgia Arches, guaranteeing tons and tons of foot traffic every day. The site is an ample 2,500 square feet that seats 70 inside with additional seating outside. Base rent is only around $15.50 per square foot. The CAM is another $4.75 per square foot which includes trash removal and water. The place is beautiful inside. You must see it to appreciate the opportunity to own a place like this in Downtown Athens for less than $75,000.

This pub for sale features a great bar area with big screen TV's. There are tables and high tops throughout so guests can relax with a cool beer or glass of wine and a bite to eat. Back of house has a grease trap and two hoods in this well-equipped kitchen. While the fixture and equipment included is too extensive to list, highlights include a 6-line beer cooler, flat screen TV's, Coffee and Tea makers, refrigeration...everything you need to own and operate this Athens hot spot.

The owners have been averaging around $30,000 per month is sales, but there is tremendous upside opportunity. This Pub for Sale is closed on Sunday. During the week they close at 10:00PM although they could remain open until 2:00AM. They only serve beer and wine. A full liquor license combined with longer hours is a recipe for success in a college and retirement community. At this insanely low price, we expect offers don't miss out.

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Property Features and Assets:

Full Size Gas Oven Gas 6 Ring stove with oven 60 inch flat top grill Gas Fryer 5 Well heat Holding Steam Table 1 Bunn Brewed Tea Maker 1 Bunn coffee maker 1 Stereo System 1 Internet router modem 1 Cash register (manual) 1 Terminal Printer 1 Reach in cooler storage unit 1 Draft Beer Cooler with 6 draft lines 1 Glass door reach in cooler 1 Coca Cola Fridge 1 Soda Machine with 6 flavor syrups 2 Tea Urn dispensors 1 Bar ice well 4 Straw and napkin caddy 25 Red plastic cups 1 Bar back storage shelf 1 Granite bar counter top 1 Wall Shelf 1 Mailbox 1 Hand towel dispensor 2 Flat screen TV's 3 TV Decoder 1 Industrial metal wall shelve 1 Safe 1 Metal utility shelf on wheels 1 Four Compartment sink 18 Large red wine glass 9 12 Oz Beer Mug 12 Hot chocolate Glasses 6 Pimms Branded highball glasses 10 Champagne Stemless Flute 10 Shot glass 6 Crabbies branded Highball glasses 12 4 Oz Beer tasting glass 6 Rocks glass 5 Whisky glass 72 Pint Glass (mixed brands) 11 Stemmed white wine glass 28 Slemless wine glass 8 Margherita Glasses 8 Bar glass rubber mats 5 Bar glass storage mats 5 Bar floor mats 1 Trash Can

Market Competition and Expansion:

Located in Athens GA, Great College Town and Ranked top place to Retire.

Reason for Selling:

New Career

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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