North Georgia Restaurant

Undisclosed Address, Georgia
Business Opportunity for Sale
North Georgia Restaurant
Catylist Listing ID: 30396690
Property Subtypes: Food and Beverage
Building Size (RSF): 4,836 SF
Sale Price: $175,000 - 350,000
Business Website Address: TBA Call Listing Agent
Franchise Parent Name: N/A
Year Business Established: 1953
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Owner will sell business for $175,000. The business with building along with all fixtures and food equipment is $350,000.
Last Updated: 9/27/2019

Overview / Comments

Established in 1953, this restaurant has withstood the test of time!! The opportunity includes the business, furnishings, fixtures, inventory, trade name and free-standing building. There’s up front dining and additional banquet space to comfortably seat 175+ guests. This piece of history is located in NW GA in the downtown area and truly a main attraction for its downtown area. Currently, the restaurant is open Monday-Saturday from 11:00am-8:00 pm. Menu has not changed since 2000…keep current menu-change menu-concept together. While current business is profitable, you can immediately increase revenues by implementing breakfast hours and opening Sunday for Sunday lunch. During current owner’s 10-year tenure, 5 restaurants have come and gone with this restaurant making the cut and withstanding trends and economic challenges. Locals and surrounding residents feel the warmth of small-town flare with EXTENSIVE menu options making this a go-to restaurant in NW Georgia. This is more than a restaurant…it’s a successful profitable heritage in NW Georgia!

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner wants to retire.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,333
Median Age: 34.31
Households: 480

Contact

Photograph of Listing Agent

Byron R Kelly

Berkshire Hathaway HomeService Greater Chattanooga REALTORS® Member
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