Description of the business for sale
This listing is for a profitable restaurant located in southeast Georgia that is available to a qualified buyer. This popular restaurant is located on a beach resort area less than a block from the ocean. They serve breakfast and lunch 7 days a week, open only 6 hours daily, and it is a favorite spot for locals. The restaurant is very profitable for the owner and is very highly rated. They also offer an old-fashioned style dinner. The business has a great reputation in their marketplace and a strong base of regular customers in addition to the high amount of tourist business. The restaurant is located on a corner building in the midst of the commercial district surrounded by hotels and condos. There are two adjacent buildings completing the corner available. One has store front space available with a small apartment attached in the back. The other is a two story brick house capable of sleeping six. The sales volume and cash flow below do not reflect income from the two beach rental units. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone or by email.
Support / Training provided by seller
Owner will train the buyer for 4 weeks at no cost.
Description of the facilities
Assets to be transferred with the sale of the business:
Inventory: $3,500
FF&E: $100,000
Leaseholds: $200,000
Real Estate: $2,500,000
Total Assets: $2,803,500