Turnkey Athens, GA Restaurant for Sale

Asking Price$195,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$700,000

Inventory$6,000
Not included in asking price
FF&E$200,000
Included in asking price
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Turnkey Athens, GA Restaurant for Sale


Asking Price$195,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$700,000

Inventory$6,000
Not included in asking price
FF&E$200,000
Included in asking price

Seller Financing Available
Business Description
Turnkey Restaurant Asset Sale - Prime Athens, GA Location

This exceptional restaurant asset opportunity features a fully equipped, turnkey operation strategically positioned near University of Georgia dormitories, fraternities, and Sanford Stadium. The owner has invested over $600,000 in professional build-out and kitchen equipment purchased within the last two years.

Property Details:
• 2,676 square feet of restaurant space
• Attractive large outdoor patio area
• Current lease through June 30, 2026 with 5-year renewal option
• Base rent: $4,515/month including operating expenses
• Landlord: Board of Regents for University System of Georgia

Key Features:
• Complete kitchen with modern equipment (2+ years old)
• Professional restaurant build-out valued at $600K+
• Excellent location for student and gameday traffic
• Strong potential for catering and off-site sales
• Ideal for private and semi-private events
• Spacious patio perfect for outdoor dining

The absentee owner is relocating internationally and seeking a dedicated operator to maximize this location's potential. The property's proximity to campus housing and athletic facilities provides consistent foot traffic opportunities throughout the academic year and special events.

Growth Opportunities:
• Develop catering services for university events
• Expand off-site catering operations
• Host private parties and corporate events
• Maximize patio space for seasonal dining
• Build relationships with nearby student housing

Note: Alcohol sales are not currently permitted. Broker assistance available for lease negotiations, extensions, or amendments as needed.

The owner provides three weeks of comprehensive training to ensure a smooth transition. This represents an excellent opportunity to acquire a professionally equipped restaurant in a high-traffic university location at a fraction of replacement cost.
About the Business
Years in Operation
1
Employees
4 (1 Full-time, 3 Part-time)
Facilities & Assets
This is a recently built out space in immaculate condition with high-end equipment purchased in 2023
Website
https://www.threebuddiesathens.com/
Market Outlook / Competition
Athens is a bustling College Town with an incredible Athletics program, bringing in over 100,000 people on game days. The University of Georgia (UGA) Athens location has a total enrollment of 43,146 students as of the fall of 2024, comprising 32,399 undergraduates and 10,747 graduate students. This includes both full-time and part-time students across all UGA campuses, with 2024 first-year students totaling 6,169.
Opportunities for Growth
The owner has been distracted with his primary engineering business and has not taken advantage of the incredible opportunity for catering and off-site sales, as well as hosting private events on-site with the spacious dining room and patio area.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,676
Rent
$4,515.00 per month
Lease Expiration
7/1/2030
About the Sale
Seller Motivation
Owner has new business that requires much travel outside the country
Transition Support
The owner is willing to give 3 weeks of training
Financing Options
Depneding of Credit of Applicant and deal structure
Listing Info
ID
2433003
Listing Views
61
Attached DocumentsAttachment Disclaimer

Three Buddies Athens FFE List .xls

Business Location

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Business Listed by: Sean Keenan

Listing ID: 2433003 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.