Lake Oconee ( Greensboro GA restaurant & Bar for Sale. )
Fully Equipped Turnkey for any full service, casual or sports bar Concept.
Seating for 125.
Bar seats 20.
Outdoor deck seats 30.
Rent is $5250/mo.
6 months left on the original lease with two five year options to renew.
Tons of TV’s.
Sales have exceeded $1m but books and name of business are not included in sale other than seeing expenses, equipment list and lease.
Great staff in place for new Owner.
Priced at $170,000 with Owner financing as low as 50% down.
Greensboro was founded circa 1780; in 1787, it was designated seat of the newly formed Greene County. It was incorporated as a town in 1803 and as a city in 1855.
Greensboro is located at the center of Greene County at 33°34′18″N 83°10′51″W (33.571528, -83.180921). U.S. Route 278 passes through the city center as Broad Street, leading east 7 miles (11 km) to Union Point and west 19 miles (31 km) to Madison. Georgia State Route 44 leads southwest from Greensboro 22 miles (35 km) to Eatonton. State Route 15 leads north 34 miles (55 km) to Athens and southeast 27 miles (43 km) to Sparta. The city limits extend southwest along SR 44 for 4 miles (6 km) so as to include Exit 130 on Interstate 20. I-20 leads east 70 miles (110 km) to Augusta and west 73 miles (117 km) to Atlanta.
According to the U.S. Census Bureau, Greensboro has a total area of 6.8 square miles (17.6 km2), of which 6.7 square miles (17.4 km2) is land and 0.1 square miles (0.2 km2), or 0.99%, is water. The city is in the Oconee River watershed and is located 5 miles (8 km) east of Lake Oconee and 2 miles (3 km) southeast of Oconee National Forest.
As of the census of the year 2000, there were 3,238 people, 1,184 households, and 806 families residing in this town. The population density was 556.5 people per square mile (214.8/km²). There were 1,264 housing units at an average density of 217.2 per square mile (83.9/km²). The racial makeup of this town was 33.45% White, 62.01% African American, 0.40% Native American, 0.31% Asian, 0.28% Pacific Islander, 2.66% from other races, and 0.90% from two or more races. Hispanic or Latino of any race were 5.34% of the population.
There were 1,184 households out of which 35.5% had children under the age of 18 living with them, 33.3% were married couples living together, 29.2% had a female householder with no husband present, and 31.9% were non-families. 28.5% of all households were made up of individuals and 13.5% had someone living alone who was 65 years of age or older. The average household size was 2.65 and the average family size was 3.22.
In this town the population is distributed with 29.3% under the age of 18, 11.2% from 18 to 24, 26.4% from 25 to 44, 18.7% from 45 to 64, and 14.4% who were 65 years of age or older. The median age of its inhabitants was about 32 years. For every 100 females, there are about 83.9 males. For every 100 females age 18 and over, there are about 78.5 males.
The median income per household in this town was $24,250, and the median income for a family was $27,049. Males had a median income of $22,788 versus $15,720 for females. The per capita income for the town was $14,494. About 26.4% of the towns families and 31.2% of the population were below the poverty line, including 46.2% of those under age 18 and 23.2% of those age 65 or over.
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.