WARM SPRINGS, Georgia
| Asking Price |
$299,000 |
Year Established |
2006 |
|
| Annual Revenue |
$500,000 |
Reason for Selling |
Relocation |
|
| Annual P/L |
$0 |
Attention |
Jimmy Kelly |
|
| Annual Cash Flow |
$0 |
Listing Number |
1016190 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Presented by We Sell Restaurants, here is an opportunity to acquire the former Teddy's Rough Rider Bar property in Warm Springs, Georgia, a well-known tourist destination that attracts visitors throughout the year. This offering includes the commercial building and a large commercial lot, giving a new owner the opportunity to purchase the real estate and create a concept that takes advantage of the property's size, outdoor space, parking, and location.
The former restaurant and bar for sale is currently closed and ready for a new owner with vision. Make no mistake this is a fixer-upper and will require improvements, repairs, updating, and investment to bring it back to life. For the right buyer, however, that creates the opportunity to purchase an existing restaurant and bar property and renovate it around an entirely new concept rather than paying for someone else's recent improvements.
Inside, the property features a large bar area with plenty of room to develop a full-service restaurant, neighborhood bar, live entertainment venue, sports bar, country bar, or other hospitality concept.
One of the property's biggest features is the very large outdoor patio. This restaurant bar for sale could become a major attraction for outdoor dining, live music, special events, private parties, weekend entertainment, and seasonal activities. Combine the patio with the property's great parking and large commercial lot, and there is flexibility that can be difficult to find with a traditional restaurant location.
Warm Springs is a highly tourist-oriented Georgia town, known for its history, small-town atmosphere, shops, restaurants, and visitors traveling through the area to experience Warm Springs and the surrounding attractions. A creative operator could capitalize on both local customers and tourist traffic while developing a destination concept of their own.
This property could be especially attractive to an owner-operator, restaurateur, investor, or entertainment entrepreneur looking for a value-add real estate opportunity.
Bring your contractor. Bring your restaurant or entertainment concept. Bring your imagination.
The former Teddy's Rough Rider Bar is ready for its next chapter—and the right buyer has the opportunity to completely reinvent it.
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Property Features and Assets:
EQUIPMENT LIST TO BE DETERMINED DURING INSPECTION
Market Competition and Expansion:
Warm Springs is a busy tourist area.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity