Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 2871139

Historic Downtown Griffin GA Restaurant & Bar With Real Estate – Profitable & TurnKey – Owner Financing For Lease For Sale

Downtown Griffin GA, Spalding, Georgia, United States

$ 1,000,000


(Real Estate Included)

Revenue: $ 840,000

Cash Flow: $ 130,600

Business Description

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

Historic Downtown Griffin GA Restaurant & Bar w/Real Estate for Sale or Lease.

Profitable & Turn Key.

Owner Financing.

Established ten years.

5,000/sf.
Seating 150.
Two bars seat 21 plus bar tables.
Outdoor seating for 20.
Additional patio seats 40.

Rental rate on business sale only without the real estate is $5,500 per month plus real estate taxes of $10,000 annually.
The owner has a long-term lease for parking for an additional 40-cars at $450 per month with 3% bumps.

2017 Gross Sales $840,000 on only four dinners.
Net Profit to Husband and Wife Team is $130,600 after paying all expenses and staff.

Adding lunch, brunch and more nights would dramatically increase sales and profit.

Priced at $1,000,000 lock, stock & barrel or business alone at $275,000.
Seller will consider Owner financing to financially qualified Buyer with good credit on the whole package only that includes real estate and business.

Property Details

Size:

5,000 SF

Years Established:

10

Property Type:

Real

Other Details

Business Location:

Ask business broker for details.

Premise Details:

Seating 150. Two bars seat 21 plus bar tables. Outdoor seating for 20. Additional patio seats 40.

Competition:

Please ask business broker for details.

Expansion Potential:

Adding lunch, brunch and more nights would dramatically increase sales and profit.

Operation Details

Employees:

Please ask business broker for details.

Trading Hours:

Please ask business broker for details.

Support & Training:

Please ask business broker for details.

Miscellaneous

Financing Available:

Yes

Reason For Selling:

Other interests.

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from BusinessForSale.com
 I have read and agree with the Terms & Conditions & Privacy Policy

Listed by:

Related Businesses for Sale

BusinessForSale.com

Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210

MEMBER OF