Huge Price Reduction!! Iconic Restaurant Building for Sale!

Asking Price$599,000

Cash Flow
$1
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$800,001

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Huge Price Reduction!! Iconic Restaurant Building for Sale!


Asking Price$599,000

Cash Flow
$1
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$800,001

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Huge Price Reduction!! Iconic Restaurant Building for Sale!
Seize the opportunity to own a prime piece of Nostalgia in the heart of Gainesville, GA. This iconic Restaurant Building for Sale, spanning 7,500 square feet, is ideally located to cater to the vibrant downtown area, attracting both local residents and tourists. Situated in a high visibility spot surrounded by thriving businesses, shops, and residential areas, this property stands out as a top choice for restaurateurs looking to expand their portfolio or embark on a new culinary journey. Its classic and inviting facade, though needing some updating, has the potential to become a truly unique and cool space with the right creative vision. This Restaurant Real Estate for Sale offers an unbeatable location, making it the perfect setting for your next great venture.
This property is not just a restaurant space it's a landmark in Gainesville's dining scene with a proven track record of success. While iconic, the Restaurant Building for Sale does present an opportunity for tasteful updates that could further enhance its charm and functionality, allowing new owners to put their own stamp on this historic space. The strategic location, combined with the building's unique appeal, presents an excellent investment opportunity for restaurateurs looking to make a statement with some creative upgrades and concepts.
The interior of this Restaurant Building for Sale is thoughtfully designed to maximize space and comfort. With a spacious layout, the building offers ample seating capacity to accommodate a variety of dining arrangements. The approximately 3,000 square foot kitchen comes fully equipped with high end appliances, allowing operators to efficiently run their culinary operations. Additionally, the property includes private dining or event rooms, ideal for hosting special occasions or business gatherings, and a stylish downstairs bar area that enhances the guest experience. For those who enjoy al fresco dining, there is potential for outdoor seating, which could be a significant draw for patrons during pleasant weather. The building's well maintained HVAC, plumbing, and electrical systems add to its turnkey potential, making this Restaurant Real Estate for Sale a ready to go option for savvy restaurateurs. Contact We Sell Restaurants today to tour this Iconic Building!
This Restaurant Building for Sale is not just about the physical space; it represents a landmark in Gainesville's dining scene with a proven track record of success. The strategic location, combined with the building's unique charm and functionality, offers an excellent investment opportunity for those looking to make a statement in the restaurant industry. With easy access from major roads and highways, the property ensures steady foot and vehicle traffic, enhancing its appeal. The 90 on site parking spaces further add to the convenience for guests, making it an attractive choice for any dining concept or business model. Now priced at $895,000 this Restaurant Real Estate for Sale is more than just a building; it's an opportunity to own a piece of Gainesville's culinary landscape and turn it into your next successful venture.
Contact us today for more information or to schedule a private tour of this extraordinary property!
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About the Business
Years in Operation
49
Facilities & Assets
1 24" Flattop Grill
4 Burner Hot Tops
2 36" Char Grills
3 Steam Tables
2 36" Refrigerator Units
1 36" Salamander Broiler
1 Walk in Freezer 6x10
1 Walk in Cooler 9x10
3 Gas Ovens
1 1200lb Ice Machine
1 500lb Ice Machine
1 3 Door Refrigerated Prep Table
1 2 Door Dessert Cooler
1 90" Stainless Steel Work Table
1 2 Drawer Warmer
1 2 Door Warmer
2 Single compartment sham ovens
2 Hand wash sinks
1 24' Hood System
2 Stainless Steel Tables 30"x60"
2 Stainless Steel Tables 24"x36"
1 Single compartment sink
1 2 compartment sink
2 Dish sinks and table
2 Stainless Steel 3 compartment bar sinks
1 Stainless Steel Cocktail table
1 Hobart slicer
1 Hobart mixer 28 Qt
1 Hobart mixer 10 Qt
1 Vegetable chopper
1 Meat Grinder
2 Vitamix blenders
1 Espresso Machine
2 Bar mixers
7 Hatco Heat Elements
1 Double compartment sham oven
1 Upright Pan Rack
6 Various Stainless Steel tables
28 Gold Bond Shelves
1400 Sq Ft of Stainless Steel shelving
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
People want this Iconic Landmark brought back to life. One of the very few stand alone restaurants with this much parking.
Opportunities for Growth
This area needs a go to restaurant nearby without going into downtown,
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
7,300
About the Sale
Seller Motivation
Other
Listing Info
ID
2437848
Listing Views
215

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