Established Restaurant / Bar For Sale
Location Georgia,United States
Asking Price Range < $250K
Gross Revenues $100000
Net Profit / Cash Flow $15000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1965
Number of Employees 1 - 3
Inventory 55000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Hardship.
Description This is a family owned and operated restaurant for sale in a quaint downtown location. Second generation family owned business. 1950 style soda fountain (grille, sandwiches, ice cream, wings, beer/wine, etc.) We serve breakfast, lunch and dinner Tues - Sat with a great customer base.
Reason for Sale:
The building was renovated extensively in 2007. The GC over-spent and left owner with a high price tag. We've managed to survive by working two jobs for the last 3 years, but the debt is too much. We sued the GC but did not win enough to make a difference (after attnys fees). This could be a lease-to-own situation in the event you are not comfortable with our sales figures.
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