Desirable Seafood Restaurant & Lounge--Savannah

Savannah, GA
Chatham County

Savannah, GA

Asking Price: Annual Revenue:
$4,800,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Desirable Seafood Restaurant & Lounge--Savannah Broker: Steve Fitzgerald

Quick Facts

Asking Price: $4,800,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 769924957
Broker Reference #: 41620177S

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Business Overview:

A well-appointed and relatively new seafood restaurant is for sale in a highly desirable location. It is family friendly and "perfectly" positioned near a dozen hotels on the access road to the Savannah-Hilton Head International Airport. It features an extensive selection of menu choices that complement the establishment theme and honor the local cultural traditions and flavors. The convenience, quality and vast beverage selections are attractive to area tourists and travelers from nearby I-95 as well as local businesses, including Gulfstream, outlet mall shoppers and the growing nearby neighborhoods.
The separate lounge and bar provide a tapas menu, a well-stocked bar, and entertainment. This lounge and restaurant provide an alternative to facilities in downtown Savannah. There is limited competition nearby, other than a tavern and fast-food facilities.
The owner has personal reasons that have triggered the sale of this property. Having just opened in 2017, the owner finds himself with insufficient time to address the substantial growth opportunities he has anticipated. He has started to "scratch the surface" by offering a high-end catering service for nearby professional operations. His success with another established restaurant validates the viability of his overall vision for this 10,000 square feet facility.
The combined business and property is listed at $4.8M.
Location! Location! Location!

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Additional Details:

  • The property is owned.
  • 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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