Greensboro Georgia Restaurant & Bar – Lake Oconee – Profitable – Lease or Buy w/Real Estate – Owner Financing

by Steven Josovitz

Post image for Greensboro Georgia Restaurant & Bar – Lake Oconee –  Profitable – Lease or Buy w/Real Estate – Owner Financing

#1898

Greensboro  Georgia Restaurant & Bar for sale.

Desirable Lake Oconee location.

Middle to a very high-income area.

Greensboro is a town filled with gorgeous scenery, a quaint and historic downtown, and delicious food.

Freestanding 5800/sf.

Profitable.

Lease or Buy w/Real Estate.

Monthly rent on business purchase only will be $6,000 per month plus $300 CAM.

Real Estate Taxes are $4,000 per year.

Seats 140.

Bar seats 20.

Outdoor patio seats 20.

Established for ten years.

Mint condition with recent $250,000 renovation to the kitchen.

Fully up to code.

2017 Gross Sales $1,400,000 on six dinners only.

2017 Net Profit $200,000 after paying all expenses.

2018 business up from the previous year.

Adding lunch, brunch and additional dinner shift can dramatically increase business.

Great staff in place makes for a flawless transition.

Retiring Owner will provide training during the transition at no charge.

The owner would finance with as little as 25% down to very strong credit worth Buyer.

Priced at $1,300,000 for business and real estate or purchase business only for $425,000.

 

 

 

 

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