North GA Mountains Historic Downtown Freestanding Restaurant for Sale w/Real Estate- Absentee Owner Net’s $289,715 – Solid Books/Fed Tax Returns – Est. 25-Years – NEW PRICING!

by Steven Josovitz

Post image for North GA Mountains Historic Downtown Freestanding Restaurant for Sale w/Real Estate- Absentee Owner Net’s $289,715 – Solid Books/Fed Tax Returns – Est. 25-Years – NEW PRICING!

#1858

North GA Mountains Restaurant.

Incredible opportunity to own a business in the heart of a North GA Mountain Historic
Downtown District.

Very profitable.

Sale Includes Real Estate.

Solid Books.

3,150 sf freestanding.

0.072 acre site.

Plenty of parking.

Established almost 25-years.

2017 Gross Sales $1,178,673.38

2017 Net Profit $289,715

2016 Gross Sales $1,247,774.46

2016 Net Profit $296,390

2015 Gross Sales $1,138,126.57

2015 Net Profit $245,989

City Taxes- $583

County Taxes – $1790

All net profit numbers are to an Owner who spends no more than 10-hours per week but doesn’t run any shifts.

Adding a license to pour and or opening for breakfast or Saturday-Sunday Brunch would dramatically increase sales and profit.

Sale includes:
pos system
new equipment
added back addition with walk-in cooler and in closed back area which is not included in 3,000.sf.
redone restrooms
catering business with equipment
catering van

Full due diligence package includes three years of federal tax returns, profit and loss statements and last appraisal on the property.

Full staff in place for a flawless transition.

Priced at $1,000,000

 

 

 

 

 

Print Friendly, PDF & Email

Click here to sign up for our free email alerts
to get new listings, price changes, updates and news.

If you need more information about this or any of our other listings,
please click here to electronically fill out our CA/NDA.

Previous Listing:

Newer Listing: