Business For Sale

Must Sell Newly Remodeled Restaurant

Savannah, GA


Asking Price: Annual Revenue:
$72,000 Not Disclosed

Food & Beverage: Coffee, Cafe, Dessert


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RE: Must Sell Newly Remodeled Restaurant Broker: Michael Kabiri

Quick Facts

Asking Price: $72,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $65,381
Real Estate: Not Disclosed
Year Established: 2016
Employees: 1
BBN Listing #: 10748378
Broker Reference #: 46931-81678

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Business Overview:

One of a kind find - The restaurant was fully renovated in 2016...over a $100,000 was spent on updating the space inside and out. All equipment, appliances and furniture were purchased new after the renovation was completed. The equipment has large production capacity for catering. The restaurant has an entrance from two different street and a drive through window…only drive through left within a two mile radius…with inside and outside seating area. Fantastic rent schedule. The business is priced for a quick sale…If you are looking or have been looking for a small restaurant or bakery this business/location is ideal for you. With good credit you can qualify for 90% financing.

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Property Features and Assets:

After a great deal of renovation the restaurant was opened 14 months ago. All equipment was purchased new at the time of opening. a great deal of money has been spent in advertising including website and goodwill. with the change in the life events the owner has to sell quickly for a pending move. This offering is truly an advantage for a buyer looking for a bakery or a small restaurant with drive through window. the business is being sold for 40% of the setup cost.

Market Competition and Expansion:

Nothing like it within a 3 mile radius. Potential Growth the only restaurant left with a driving in window within 2 miles radius. the growth potential is huge. The restaurant is currently open only 24 hours per week and the drive through is not being utilized!

Reason for Selling:

Moving

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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