Shumacher Sells The Diner on Abercorn -Savannah

by Steven Josovitz

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Steve Josovitz of The Shumacher Group, Inc. just sold The Diner on Abercorn is located at 7202 Abercorn St, Savannah, GA 31406. Steve Josovitz represented Seller in transaction.

Some Seller info:

Stunning freestanding restaurant ten-minutes from Downtown Savannah.

2900/sf.

Established 2010. Seller bought business in 2011.

Seating for 70.

Parking for 40.

Monthly rent $5700 includes real estate insurance.

Real Estate insurance runs $9500 per year paid in two installments.

Long term lease of over 16-years.

2015 Gross Sales $1,150,000 with Net Profit of $235,000.

2016 Gross Sales $1,140000 with Net Profit of $230,000. Sales only dipped during a one bad week of weather.

Full training and support including in sale.

Priced at $325,000.

Click here for FB Page

(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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