Historic Downtown Griffin GA Restaurant & Bar w/Real Estate for Sale or Lease – Profitable & Turnkey – Owner Financing

by Steven Josovitz

Post image for Historic Downtown Griffin GA Restaurant & Bar w/Real Estate for Sale or Lease – Profitable & Turnkey – Owner Financing

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

Full-service restaurant and bar.

Profitable & Turnkey.

Owner Financing.

Established for 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 $5500 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.

(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)

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