The Grove Savannah Freestanding Restaurant & Bar

SAVANNAH, Georgia

Asking Price $999,000 Year Established
Annual Revenue $0 Reason for Selling Absentee owner  
Annual P/L $0 Attention Steve Josovitz
Annual Cash Flow $0 Listing Number 1004008  
# of Employees Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

(This is an Open and Operating Business.  Please be respectful and do not make any attempt to contact Staff, Management, Landlord, and or Ownership. Documentation and Inspections will be provided upon request)

The Grove Savannah GA Freestanding Restaurant & Rooftop Bar for Sale – $3M Buildout – Keep or Convert

Located at 301 W Congress St, Savannah, GA 31401.

Hot Location Close to River.

Absentee Out of Town Owner.

Full Management and Culinary Team.

Fully Staffed with over 40-Team Members.

Almost $3,000,000 Opening Costs.

Stunning Design.

Mint Condition.

Well Established.

River Views from Rooftop Bar.

10,000/SF.

3-Levels.

Seating for 200.

Private Dining Rooms.

20-Seat Bar.

$27,000 ALL IN Monthly Rent.

Almost 12-years remain on Lease.

Sales have reached almost $4,000,000.

Elevator Access to upper floors and rooftop bar.

Books and Records are not available.

Keep or Convert.

Some Owner Financing Options Available.

Property Features and Assets:

<p>Almost $3,000,000 Opening Costs.</p><p>Stunning Design.</p><p>Mint Condition.</p><p>Well Established.</p><p>River Views from Rooftop Bar.</p><p>10,000/SF.</p><p>3-Levels.</p><p>Seating for 200.</p><p>Private Dining Rooms.</p><p>20-Seat Bar.</p><p>$27,000 ALL IN Monthly Rent.</p><p>Almost 12-years remain on Lease.</p><p>Sales have reached almost $4,000,000.</p><p>Elevator Access to upper floors and rooftop bar.</p><p>Located in Savannah’s bustling City Market, The Grove is a place to take refuge in the shade, gather with friends, and grow close together. A colorful and comfortable experience where Southern comfort food, signature cocktails, and sweeping rooftop views are served daily. Whether it’s a long-awaited vacation or much-needed staycation, The Grove is your home away from home.<br></p>

Market Competition and Expansion:

<p>Keep or convert</p>

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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