Turn Key Money Making Restaurant

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Asking Price:
$189,000

Gross Revenue:
$496,000
Cash Flow:
$96,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Located a short drive outside of Savannah, this unique spot continues to grow as is it enters its tenth year. Current owner has executed a solid business plan and created a turnkey operation able to support absentee ownership. First owners launched a one-of-a-kind concept which has drawn diners in from throughout the region. If nothing else, you need to come eat here at least once!

About the Business

Year Established:
2009
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Amount/Mo.:
$1,750.00
Lease Expiration:
5/1/2026
Facilities:
60 seat dining area with well-equipped kitchen situated in a busy strip mall on a high traffic road.
Market Outlook/
Competition:
Unique, sought-after menu in fast-growing area.
Growth & Expansion:
Truly a turn key operation able to support an absentee owner.
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About the Sale

Reason For Selling:
Time Management, too many ventures
Training/Support:
2 managers in place, the seller will be available to ensure a smooth transition
Seller Financing:
May Consider up to 10%

Listing Info

ID:
1502949
Ad Detail Views:
847

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$
months
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Business Listed by

Brian Judson

Best Business Brokers
License# 337138

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Memberships:
   

Sponsoring Broker:

Dean Burnette
Best Business Brokers
License# 335135

U.S. Census Data for Effingham 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 Effingham 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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