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Restaurant And Bar For Sale Nets Owner 6 Figures
Location Georgia,United States
Asking Price Range $250K - $500K
Gross Revenues $737368
Net Profit / Cash Flow $144600
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2012
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This bar and restaurant for sale in the North Georgia mountains established for decades looks as fresh and new as today. Six figure return to absentee owner.
This bar and restaurant for sale in North Georgia is ideal for someone relocating to the south seeking a community restaurant with deep roots, strong earnings and a family approach to business.
The bar is a neighborhood pub where everyone is on a first name basis. The loyal patrons return again and again for a bartender that pours everything from martinis that have them raving to ice cold beers with salty snacks..
Fully equipped commercial kitchen has everything to serve a well-rounded menu. Walk in cooler, expansive hood with ansul fire suppression system, flat top, fryers and more. You can see the pride in this location from the cleanliness from the cooler in the kitchen to one of the many dining rooms. The cozy operation seats 16 at the bar and 72 inside. Therees also a wonderful outdoor patio space that stays booked in the summer months for parties and more. 75% of the guests at this bar and restaurant for sale are return visitors and many have seen multiple generations of their families grow up visiting this legacy location.
The interior is comfortable and feels up to date while at home in the mountains. It attracts both locals and tourists to a destination described as Georgiaas Blue Ridge, an area perfect for people who love art, good food and the great outdoors.
Itts no wonder this well established bar and restaurant for sale churned out sales of $734,000 and nets an owner/operator $144,600. Excellent books and records should qualify for SBA lending. Expenses and overhead are low and the quality of life is high. This bar and restaurant for sales also features excellent rent for a free standing building with a long term lease and multiple options to renew. The landlord is even willing to sell the property and weere happy to discuss this as well.
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