Profitable Restaurant for sale in White County, GA - Great Earnings!

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Asking Price:
$215,000

Gross Revenue:
$706,560
Cash Flow:
$85,497
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Profitable North Georgia Restaurant For Sale located in White County. Over $700,000 in Revenue while earning $85,000 in Owner Benefit! This qualifies for SBA Lending! Seller Financing for an Experienced, Well Qualified Buyer. This one HAS IT ALL...Longevity, Great Sales/Earning, Amazing Reputation and PRICED TO SELL!
Opportunities like this profitable restaurant for sale are hard to find, so don't miss out on the chance to live and own a business in beautiful White County, Georgia. Be the new owner operator of this truly wonderful location. Since taking over, the Owner has added tons of new equipment, made several improvements and enhanced the menu!
The formula for years of success is simple and effective...combine quality food, great service, value, and a friendly inviting atmosphere. This profitable restaurant for sale offered by We Sell Restaurants, does just that. Customers keep coming back again and again! The menu is appealing, yet basic, with everyone's favorite appetizer/starter, soup, salad, sandwich, or dinner entree.
Here are just a few of the highlights. This profitable North Georgia restaurant for sale has been operating successfully in the same location for over 20 years. Sales in 2018 were close to $800,000, a nice increase over the prior year! Owner Benefit including cash flow and owner salary is around $85,000, with room to grow!
Located in a free standing building with plenty of parking, includes an inside square footage around 2200 square feet, and seats up to 90 with an additional outdoor areas that can accommodate 50 more guests for a total seating capacity of 140! All these seats are needed to accommodate all the regular guests and visiting patrons
The kitchen area is amazing and is kept in great condition with much of the equipment recently upgraded. Two hoods, fire suppression, and plenty of space for the fryers, stove, oven and prep areas needed to deliver high quality meals at a value. The books and records are great, and can accurately verify the strong revenue and earnings which makes this business perfect for SBA backed lending! We even have a bank who is ready to work with you in the area.
It gets even better because the owner would also be your landlord and is offering a very reasonable base rent of only $3,400 per month! Owner would be responsible for property taxes and insurance, but that still makes the occupancy cost an attractive percent of sales.

About the Business

Location:
White County, Georgia
Year Established:
1986
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
2,200
Rent:
$3,410.00 Per Month
Lease Expiration:
9/30/2024
Facilities:
Single door Coke Cooler 3 Soft Drink Servers Coffee maker and Pots Misc serveware Hood Exhaust Systems Fire Suppression system 3 Marble Work Tables Food Processor Misc Cookware 2 Cash Registers Big Dipper Grease Trap Assorted Storage Shelves Plastic Trash Cans Signage Dining Tables and Chairs for approx 90 Outdoor and Porch Tables and Chairs for approx 50 2 Dressers Security Camera System and DVR Menu White Boards All decor Microwave Utility Table Dunnage Rack Sinks Vulcan 6 burner Gas range 36 incj gas griddle True Sandwich Cooler Artic Air 49 CU Freezer 2 Star Max 515F 15LB Deep Fryers Walk in Cooler Meat Slicer Oven 18000BTU ductless heat pump 48 inch True Deli Cooler 60 inch Turbo Air Sandwich prep cooler Manitowoc Ice Maker and remote condenser 48 inch under counter freezer Superior 48 inch gas grill Lowes mini cooler 28 inch turbo air sandwich prep cooler Additional ADDED Summer 2018 6 foot hood extension with fire suppression 3 65lb pitco fryers 1 Hoshizaki 48 inch sandwich prep cooler 1 True 48 inch worktop cooler 1 Southbend Electric Convection Oven with rack system 1 Left and Right dish machine tables sprayer and basket 1 90 inch line table with double shelving 1 new table for flat top grill 1 Bryant Spit System Air Conditioner with a double head
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Local Repeat customers Decades of Operation Visitor Destination
Growth & Expansion:
Can open Sunday Can add breakfast
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About the Sale

Reason For Selling:
Retirement
Training/Support:
yes

Listing Info

ID:
1536344
Ad Detail Views:
293

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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

U.S. Census Data for White County, GA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for White County, GA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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