#871
This Downtown Athens Georgia full service restaurant is located just steps away from the University of Georgia. This well established business in the heart of Downtown Athens boasts rent at half of what market is if there was even a space available. Critically acclaimed and an Athens favorite for many years. 2009 year ending had Owner pulling out $174,233.83 after paying all expenses on sales of $542,457.90. 2010 sales are going thru the roof and higher then the previous year. Current average monthly sales in 2010 are $65,000 which is $15,000 more then the monthly average sales of 2009. Open lunch and dinner six days a week. Adding Sunday brunch and dinner would dramatically increase sales. Almost $150,000 to spruce up space recently. 1900/sf. Long term lease at $2800 per month. Several years exist on current lease with two five year options to renew. Seating for 66 with 7-seat bar. Priced at $495,000 with very generous long term Owner financing options. Full support and training included in price.
Some Info About Athens, Georgia:
Athens-Clarke County is a unified city-county in Georgia, U.S., in the northeastern part of the state. The University of Georgia is located in this college town and is responsible for the initial creation of Athens and its subsequent growth. In 1991, after a vote the preceding year, the original city abandoned its charter in order to form a unified government with Clarke County, referred to collectively as Athens-Clarke County.[2] As of the 2000 census, the consolidated city-county (including all of Athens-Clarke County except Winterville and a part of Bogart) had a total population of 100,266. However, the most recent US Census estimate (2008) placed the population at 113,398. Athens-Clarke County is the fifth-largest city in Georgia and the principal city of the Athens-Clarke County, Georgia Metropolitan Statistical Area,[3] which had a population of 189,264 as of the 2008 Census Bureau estimate.[4]
As of the census[1] of 2000, there were 100,266 people, 39,239 households, and 19,344 families residing in the city. The population density was 851.5 people per square mile (328.8/km²). There were 41,633 housing units at an average density of 353.6/sq mi (136.5/km²). The racial makeup of the city was 64.71% White, 27.37% Black or African American, 0.21% Native American, 3.15% Asian, 0.04% Pacific Islander, 3.11% from other races, and 1.41% from two or more races. Hispanic or Latinoof any race were 6.39% of the population.
There were 39,239 households out of which 22.3% had children under the age of 18 living with them, 32.3% were married couples living together, 13.3% had a female householder with no husband present, and 50.7% were non-families. 29.9% of all households were made up of individuals and 5.8% had someone living alone who was 65 years of age or older. The average household size was 2.35 and the average family size was 2.95.
In the city the population was spread out with 17.8% under the age of 18, 31.6% from 18 to 24, 27.3% from 25 to 44, 15.3% from 45 to 64, and 8.0% who were 65 years of age or older. The median age was 25 years. For every 100 females there were 95.4 males. For every 100 females age 18 and over, there were 93.4 males.
The median income for a household in the city was $28,118, and the median income for a family was $41,407. Males had a median income of $30,359 versus $23,039 for females. The per capita income for the balance was $17,103. About 15.0% of families and 28.6% of the population were below the poverty line, including 25.2% of those under age 18 and 13.5% of those age 65 or over.
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