NOT DISCLOSED, Georgia
| Asking Price |
$6,995,000 |
Year Established |
1980 |
|
| Annual Revenue |
$3,668,599 |
Reason for Selling |
New Career |
|
| Annual P/L |
$0 |
Attention |
Jimmy Kelly |
|
| Annual Cash Flow |
$733,467 |
Listing Number |
1015728 |
|
| # of Employees |
45 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Presented by We Sell Restaurants, this is far more than the sale of a successful restaurant. It is a rare opportunity to acquire the total package: an iconic Georgia restaurant, a 45-year operating history and established brand, a highly profitable business, and prime commercial real estate at a busy, high-traffic location.
For approximately 45 years, this restaurant for sale has built a reputation, customer following, and market presence that would be extremely difficult to recreate from the ground up. Now operated by the second generation, the restaurant has become a recognized destination with a loyal customer base and decades of goodwill behind its name.
The restaurant for sale generates well over $3.3 million in annual sales and is very profitable, providing a new owner with the opportunity to acquire a proven operating business rather than an untested concept or turnaround situation. Its long operating history, established systems, experienced staff, strong sales volume, and recognizable brand provide a substantial foundation for continued success.
Adding significantly to the value of this opportunity is the real estate included in the sale. The offering includes the restaurant building and surrounding property, providing an incoming owner with control of both the operating business and its underlying real estate. The property occupies a highly visible location with substantial traffic, an important competitive advantage that has helped support the restaurant's success over many years.
The opportunity, however, may extend well beyond the performance of the existing location.
The current-generation ownership may be willing to remain involved for an agreed-upon transition period and potentially assist a qualified buyer interested in expanding the brand. For the right purchaser, this creates an opportunity to retain decades of operational knowledge, customer relationships, recipes, systems, and brand history while exploring additional locations or other avenues for growth.
Rather than simply acquiring a single restaurant, a buyer could be acquiring the foundation for a larger regional restaurant brand with a 45-year head start.
The combination of strong profitability, more than $3.3 million in annual revenue, second-generation ownership, 45 years of brand recognition, a prime high-traffic location, valuable real estate, and potential involvement from existing ownership makes this an exceptionally unique acquisition opportunity.
Importantly, the business and real estate acquisition has been SBA prequalified for financing for a qualified buyer, potentially providing an attractive financing structure for purchasers who meet applicable SBA and lender requirements.
This opportunity is particularly well suited for an experienced restaurant operator, multi-unit restaurant group, entrepreneur, private investor, or family office seeking an established and profitable platform with both immediate cash flow and longer-term expansion potential.
Confidentiality is extremely important. Additional financial information, property details, photographs, operating information, and the identity and location of the restaurant will be made available only to qualified prospective purchasers following execution of a Confidentiality Agreement and satisfaction of applicable financial qualification requirements.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
Property Features and Assets:
Category Equipment Item Qty Condition Est Age in years<br>Ice Beverage Scotsman Ice Machine 1 Great 5<br>Ice Beverage Bunn Coffee Brewer 1 Great 4<br>Ice Beverage Beverage Dispenser 4 Great 2<br>Ice Beverage Otis Spunkmeyer Oven 1 Excellent 2<br>Holding Serving 7 Well Gass Steam Table w electric soup well 1 Great 5<br>Holding Serving 4 Well ServeWell Steam Table 1 Great 4<br>Holding Serving 3 Well Steam Table 1 Great 4<br>Holding Serving Hot Hold Lamp Table 2 pan 1 Great 4<br>Holding Serving Hot Hold Lamp Table 3 pan 1 Great 10<br>Holding Serving Cres Cor Holding Cabinets 5 Great 5<br>Holding Serving Cres Cor Roast N Hold 3 Great <br>Cooking Equipment Montague Gas Range Ovens 1 Great 7<br>Cooking Equipment Montague Double Stack Convection Ovens 1 Great 15<br>Cooking Equipment Montague TriFan Vectra Air Double-Stack 1 Great 10<br>Cooking Equipment Frymaster Commercial Fryers 2 Great 4<br>Cooking Equipment Cleveland Tilt Skillets 2 Great 4<br>Cooking Equipment Southern Pride 1600 Rotisserie Smoker 1 Great 20<br>Refrigeration Traulsen Under counter Refrigerator 1 Great 4<br>Refrigeration Beverage Air Cold Rail Under-counter 1 Great 4<br>Refrigeration Ice Cream Chest Freezer 1 Excellent 2<br>Prep Equipment Hobart VCM Floor Mixer 1 Good 50<br>Prep Equipment Hobart Buffalo Meat chopper 1 Great 5<br>Prep Equipment Sharp Microwave 1 Great 2<br>Front of House Tech Toast POS Terminals 5 Great 4<br>Front of House Tech Touchscreen Flat Panel Displays 5 Great 1<br>Carts Mobile Utility Bus Carts 8 Great 3<br>Carts Mobile Stainless Work Tables Pot Racks 6 Great 4
Market Competition and Expansion:
Stands alone with visibility and easy access to I-75 between Atlanta, GA and Macon, GA
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity