Georgia Oldest Restaurant for Sale w/Real Estate & Income Generating Adjacent Shopping Center
Georgia Oldest Restaurant for Sale w/Real Estate & Income Generating Adjacent Shopping Center
Price: $4,000,000
Location: Thomas County
Industry: American Restaurants, Miscellaneous Restaurant and Bars, Moving and Shopping, Other Restaurants and Food, Other Retail, Other Service Businesses
Listing ID: 6390
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Georgia Oldest Restaurant for Sale w/Real Estate & Income Generating Adjacent Shopping Center
The Plaza Restaurant & Oyster Bar.
Located at 217 Broad St, Thomasville, GA 31792.
15,000/SF Freestanding.
2.3 ACRES
Seating for 500.
Full Bar and 2,000/SF Lounge.
Adjacent 5-Bay Shopping Center part of restaurant acreage.
2024 Gross Sales exceed $2,300,000.
2024 Net Income Approximately $608,000.
Net Profit numbers includes Owner Salary, add backs and rent Owner charges himself.
Adjacent Shopping Center brings in $4,000 monthly.
2025 Numbers are tracking the same as 2025.
Great Staff and Executive Chef guarantees flawless transition.
Owner to support and train Buyer.
Priced at $4,000,000 for Restaurant Business, Real Estate and Shopping Center.
Gross Revenue: $2,300,000
Cash flow: $608,000
Reason For Sale:
Other business interests
Training & Support:
Yes
Non-Owner Payroll: Ask broker
Employees: Ask broker
Managers: Ask broker
Type of Location: Shopping Center
Square Footage: 15000
Facilities Information:
15,000/SF Freestanding.
2.3 ACRES
Seating for 500.
Full Bar and 2,000/SF Lounge.
Adjacent 5-Bay Shopping Center part of restaurant acreage.
Potential Growth:
Ask broker