Established Restaurant / Bar For Sale
www.GlobalBX.com
Listing ID:
700126058
Listing Title:
Established Restaurant / Bar For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=126058
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Georgia
Area
City:
Thomasville
Asking Price Range:
< $250K
Gross Revenues:
$100,000
Cash Flow:
$15,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1965
Number of Employees:
1 - 3
Business Description:
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.
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