Profitable Restaurant for Sale -- High Six Figure Earnings White Count

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Turnkey Location!
Asking Price:
$399,000

Gross Revenue:
$583,634
Cash Flow:
$173,845
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Highly Profitable Restaurant for Sale in White County Georgia generates high six figure earnings! Long Standing Fast Casual Dining in Beautiful area. Turn-Key Operation doing around $600,000 in Annual Sales Generating Strong Owner Discretionary Earnings of $170,000.
The current owner of this very profitable restaurant for sale is ready to retire providing a Unique Opportunity to Own this excellent location. Earnings of $170,000 on the books will qualify for SBA lending with 20 percent down.
When Buying a business, We Sell Restaurants recommend you focus on three of the most important aspects: Longevity, Lease, and Solid Financial Records. This profitable restaurant for sale featuring casual dining has all three…and much more. This location in White County Georgia has been open and operating successfully for over fifteen years.
Verifiable Books and Records make this turn-key and profitable restaurant for sale easily qualified for SBA Lending with as little as 20% down. Think of it...invest $80,000 today and take-home earnings each year of around $170,000 per year or approximately $14,000 a month. That's enough to handle your lifestyle needs and meet the requirements for lending.
The business is just over 2000 square feet of space and seats over 50 inside with additional seating outside. The rent for a new owner will be an amazing $2000 per month. That's less than $12 per square foot and around 4% of sales.... another reason this profitable restaurant for sale and casual dining concept is a real money maker.
The menu is simple, delicious, and offers value to the customers. Serving all the best breakfast, lunch, and dinner food in the area like fresh biscuits, bacon, eggs, burgers, salads, shakes and sandwiches.
White County is home to the profitable restaurant for sale. Conveniently located only 90 minutes north of Atlanta. It's a wonderful place to live and raise a family in addition to all the visitor areas such as Helen, Sautee-Nacoochee, and Cleveland. People flock to go hiking, tubing, visit local wineries, and just enjoy the cooler weather and peaceful surroundings.
Don't miss out on this unique opportunity to earn a high six figure income by owning a terrific local and popular profitable restaurant for sale like this one. The business is in excellent condition and the owner has recently invested in several upgrades and improvements ensuring the next owner's continued success.

About the Business

Location:
Cleveland, Georgia
Year Established:
2003
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
2,100
Rent:
$1,995.00 Per Month
Lease Expiration:
7/31/2024
Facilities:
11 Four Top Tables Square 1 Six Top Table Round 2 Two Top Table Round 55 Schoolhouse chairs 3 Four Top Outside Tables 2 Two Top Outside Tables 16 Outside Chairs 1 Custom Built Boat Walk Up Counter 1 Custom Built Coffee Bar 1 Custom Built Condiment Bar 1 6 foot Beverage Table SS with Sink 1 Ice Bin 1 Half Sheet Pan Moffat Oven 1 Warmer Cabinet 1 4 Foot Refrigerated Table 1 4 Foot Storage Table 2 Hand Sinks 1 Custom Counter Drive Thru 1 Ice Machine 3 Two Door Coolers 2 One Door Coolers 3 Two Door Freezers 1 Two Compartment Warmer 2 Floor Standing Fryers 1 Dump Station 1 Four Foot Flat Top Grill 1 Two Eye Burner 1 Conveyor Toaster 1 Refrigerated Condiment Stand 1 Can Rack 1 Hobart Chopper 5 SS Prep Tables 1 Vegetable Sink in storage 2 80 Gallon Gas Water Heaters 1 Three Compartment Sink 1 Sound System Various Racks and Shelving
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Great Reputation Repeat Customers
Growth & Expansion:
Add later Hours 3rd party delivery
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About the Sale

Reason For Selling:
Retirement
Training/Support:
yes

Listing Info

ID:
1661959
Ad Detail Views:
0

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Business Listed by

Steve Weinbaum

We Sell Restaurants
License# GA SL 365512

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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