Athens, GA Restaurant for Sale
Start-Up Description
This turnkey location was recently converted to a restaurant, for which the owner spent over $600K on build-out.
All kitchen equipment was purchased two years ago.
The owner is an absentee owner/operator and has decided to sell the business/assets to focus more time and energy on a new business opportunity outside the country. This location has excellent potential for a new owner who can focus on building catering and off-site sales, as well as on-site private and semi-private events, especially in the attractive patio area.
The current rent for the store is $4,515 per month base rent, including property operating expenses. The space is 2,676 SF with a very nice, large outdoor patio. The current lease term goes through 6.30.2026 and has a single 5-year renewal option. The landlord is the Board of Regents for the University System of GA. Alcohol sales are not currently permitted on the property.
Broker can assist with a new lease, a lease extension, or an amendment as part of the transaction, as needed.
All kitchen equipment was purchased two years ago.
The owner is an absentee owner/operator and has decided to sell the business/assets to focus more time and energy on a new business opportunity outside the country. This location has excellent potential for a new owner who can focus on building catering and off-site sales, as well as on-site private and semi-private events, especially in the attractive patio area.
The current rent for the store is $4,515 per month base rent, including property operating expenses. The space is 2,676 SF with a very nice, large outdoor patio. The current lease term goes through 6.30.2026 and has a single 5-year renewal option. The landlord is the Board of Regents for the University System of GA. Alcohol sales are not currently permitted on the property.
Broker can assist with a new lease, a lease extension, or an amendment as part of the transaction, as needed.
About the Business
- Facilities & Assets
- This is a recently built out space in immaculate condition with high-end equipment purchased in 2023
- Market Outlook / Competition
- Situated next to the dorms and fraterity houses and very close to Samford Stadium
About the Sale
- Transition Support
- The owner is willing to give 3 weeks of training
Listing Info
- ID
- 2433003
- Listing Views
Attached DocumentsAttachment Disclaimer
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.
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