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Listing View: Reduced Casual Fine Dining on the Water - No Ga., Georgia


Reduced Casual Fine Dining On The Water
No Ga., Georgia

Offered at:
$700,000
Real Estate Included

Revenue: $450,000 / year
Cash Flow: $350,000 / year
Lease Rent: $0 / month
Square Feet: 3500 +/-

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 Listing Description

Casual Fine Dining Restaurant on 6.9 pristine acres on the water. Due to a death in the family we regret that we are forced to sell this property. Voted #1 in 10 categories 3 years in a row, this property generates a positive cash flow to corp. With 100+ seats off season and 178 season, this property is is demand for weddings, rehearsal dinners and a multiple of functions. We will entertain property trades, in house financing, etc. Also available, 7.2 acres also on the water adjoining the restaurant property with a 4 bedroom cabin, 2 bedroom 1 bath apt over a 4 car garage with a 1 bedroom, 1 bath apt behind. This property is crossed fenced with a 4 stall/tack room barn. This property would be perfect as a bed and breakfast, a perfect combination with the restaurant.

General Information
Contact Information
Organization:   Corporation
Year Established:   1999
Current Owner:   1999
# of Employees:   3 fulltime, 14 part time
Seating:   100/175
Square Foot/Size:   3500 +/-
Parking:   its own parking lot
License(s) Required:   county operation, county beer and wine, state beer and wine
Days Open/Hours:   mon-thurs 11a-9p, fri-sat 11a-10p
Reason For Sale:   death in the family
     
Financial Information
Revenue:   $450,000 / year
Cash Flow:   $350,000 / year
Payroll:   $70,000 / year
Current  Inventory:   $24000
FF&E:   $140000
     
Lease Information
Lease Rent:   $0 / month
Lease Expiration:   0
Yearly Adjustment:   0
Lease Option:   0
Security Deposit:   0
     
Financing Information
Down Payment:   70,000
All Cash:   Offer
Note Balance:   0
Rate/Term of Note:   0
Listed by:   Tim
Email: Email Seller
Phone:  7063006505


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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