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Listing ID: 2757293

Italian Restaurant & Bar in Historic Dublin Downtown District With Brick and Wood Fired Ovens – $176,000 Net Profit – Buy Real Estate or Lease Business With Owner Financing Options For Sale

Dublin GA 31021, Laurens, Georgia, United States

$ 1,500,000


(Real Estate Included)

Revenue: $ 1m to 5m

Cash Flow: $ 100k to 250k

Business Description

Middle Georgia Italian Restaurant in Historic Downtown District.

Well Established.

One Owner for almost ten years.

Two level building with the main floor at 4,000/sf with a main kitchen and seating for 70.

The second level at 1,200/sf and seating for 75.

The 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 the net at $160,000.

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

2018 Gross Sales $1,200,000.
2018 Net Profit $176,000.

Net profit numbers are after all expenses and full staff.

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

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

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

Priced at $440,000 for business or $1,500,000 for business and real estate.

(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)

Property Details

Size:

5,200 SF

Years Established:

10

Property Type:

Real & Lease

Real Estate Value:

$ 1,050,000

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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