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Established Restaurant / Bar For Sale
Location: United States -> Georgia -> Thomasville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This is a family owned and operated restaurant for sale in a quaint downtown location. Second generation family owned business. 1950 style soda fountain (grille, sandwiches, ice cream, wings, beer/wine, etc.) We serve breakfast, lunch and dinner Tues - Sat with a great customer base.

Reason for Sale:
The building was renovated extensively in 2007. The GC over-spent and left owner with a high price tag. We've managed to survive by working two jobs for the last 3 years, but the debt is too much. We sued the GC but did not win enough to make a difference (after attnys fees). This could be a lease-to-own situation in the event you are not comfortable with our sales figures.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $100,000
Cash Flow:   $15,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $55,000
Seller Financing:  No

About The Business

Year Established:  1965
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Hardship.




Print Listing Id: 700126058
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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