Greensboro GA Lake Oconee Area Restaurant & Bar for Sale – Est 15-Year

Asking Price$379,000

Cash Flow
$231,589
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,309,395

InventoryNot Disclosed

FF&ENot Disclosed

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Greensboro GA Lake Oconee Area Restaurant & Bar for Sale – Est 15-Year


Asking Price$379,000

Cash Flow
$231,589
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,309,395

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Greensboro GA Lake Oconee Area Restaurant & Bar for Sale – Est 15-Years – Profitable – Keep or Convert
Minutes to Ritz Carlton Reynolds Plantation & Lake.
Lake Oconee, located just 75 miles east of Atlanta. Where nature’s beauty and Southern hospitality come together to create an unforgettable experience. Nestled in the heart of Georgia, Lake Oconee is a hidden gem, beckoning travelers and adventure seekers to explore its tranquil waters, lush landscapes, and vibrant communities.

Established 2010.
Desirable Lake Oconee location.

Middle to a very high-income area.
Freestanding 5800/sf.
Profitable.
$7,800 Monthly Rent All In.
Monthly rent on business purchase to be negotiated.
New Long term lease to be negotiated.
Seats 160.
Bar seats 28.
Outdoor patio seats 20.
Well Established.
Fully up to code.
Monday-Saturday 5PM-10:00PM.
Closed Sunday.
2022 Gross Sales $1,324,449.00 on dinners only.
2022 Net Profit $236,699.53 after paying all expenses.
2023 business up from the previous year.
2023 Gross Sales $1,469,011.00 on dinners only.
2023 Net Profit $304,866.77 Profit after paying all expenses.
2024 Gross Sales $1,309.395,36 .
2024 Net Profit $ 231.589,97

Adding lunch, brunch and additional dinner shift can dramatically increase business.
Great staff in place including Executive Chef makes for a flawless transition.
Full Owner Support and Training at not cost.
About the Business
Years in Operation
15
Facilities & Assets
Established 2010.
Desirable Lake Oconee location.
Middle to a very high-income area.
Freestanding 5800/sf.
Profitable.
$7,800 Monthly Rent All In.
Monthly rent on business purchase to be negotiated.
New Long term lease to be negotiated.
Seats 160.
Bar seats 28.
Outdoor patio seats 20.
Well Established.
Fully up to code.
Monday-Saturday 5PM-10:00PM.
Closed Sunday.
Lake Oconee, located just 75 miles east of Atlanta. Where nature’s beauty and Southern hospitality come together to create an unforgettable experience. Nestled in the heart of Georgia, Lake Ocon
Website
https://www.shumacher.com/greensboro-ga-lake-oconee-area-restaurant-bar-for-sale
Market Outlook / Competition
Ask broker for details. Middle to a very high-income area.
Opportunities for Growth
Adding lunch, brunch and additional dinner shift can dramatically increase business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,800
Rent
$7,800.00 per month
About the Sale
Seller Motivation
Other business interests.
Transition Support
Great staff in place including Executive Chef makes for a flawless transition.
Owner will provide training during the transition at no charge.
Listing Info
ID
2163979
Listing Views
2455

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Business Listed by: Steven L. Josovitz Shumacher Restaurant Brokers

Listing ID: 2163979 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.