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Listing ID: 2757293

Middle Georgia Italian Restaurant In Historic Downtown District W/ Brick And Wood Fired Ovens – $160,000 Net – Buy Or Lease For Sale

Warner Robins Area, GA 31098, Houston, Georgia, United States

$ 349,000

Revenue: $ 1,380,000

Cash Flow: $ 160,000

Business Description

Middle Georgia Italian Restaurant in Historic Downtown District.

Well Established.

One Owner almost ten years.

Two level building with main floor at 4,000/sf with main kitchen and seating for 70.
Second level at 1,200/sf and seating for 75.

Adjacent connected building has additional kitchen and seating for 86.

Million dollar building includes state of the art kitchen, wood fired oven and brick oven.

2016 Gross Sales at $1.38mm with net at $160,000.

2017 Gross Sales numbers coming in at approximately about $110,000 per month with net to Owners of between $14,000 to $15,000 per month.

Net profit numbers are after all expenses and full staff.

Menu is broad but pizza only accounts for 25% of sales.

Restaurant serves beer and wine so adding liquor could add sales along with opening on Sunday.

Monthly Rent in business sale only is $7,500, all in.

Priced at $349,000 for business or $1,500,000 for business and real estate.

Property Details

Size:

5,200 SF

Years Established:

10

Property Type:

Real & Lease

Real Estate Value:

$ 1,151,000

Other Details

Business Location:

Please ask business broker for details.

Premise Details:

Million dollar building includes state of the art kitchen, wood fired oven and brick oven. Two level building with main floor at 4,000/sf with main kitchen and seating for 70. Second level at 1200/sf and seating for 75. Adjacent connected building has additional kitchen and seating for 86.

Competition:

Please ask business broker for details.

Expansion Potential:

Please ask business broker for details.

Operation Details

Trading Hours:

Please ask business broker.

Support & Training:

Please ask business broker for details.

Miscellaneous

Reason For Selling:

Other business interests.

Contact this seller

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