SOLD 2/23/24: Historic Douglasville Downtown Freestanding Restaurant & Bar w/Live Music
SOLD 2/23/24: Historic Douglasville Downtown Freestanding Restaurant & Bar w/Live Music
Price: $295,000
Location: Douglas
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 6106
(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)
Historic Suburban Downtown Freestanding Bar Restaurant Business for Sale in Georgia
Keep or Convert.
Profitable.
Books and records available.
Great street visibility and high traffic counts.
Approximately 5,610/SF.
Main level seats 64.
12-seat full-service bar.
2 patios seat 53 overlook town center.
Upper-level seat 74 in private event space w/ stage and state-of-the-art sound & light system.
$9,600 Monthly Rent All-In.
4-years left on Lease.
Options to renew to be negotiated with Landlord.
Fully equipped kitchen with 2 Walk-in coolers and a walk-in freezer.
2022 Gross Sales $1,420,356.00.
2022 Net Profit $93,278.23
Tax Returns available.
Backs up to City Center Amphitheater space.
Free parking in the municipal garage Close by.
Restaurant space is convertible to almost any casual, bar, lounge, or full-service concept.
Gross Revenue: $1,420,356
Cash flow: N/A
Reason For Sale:
Other business interests.
Training & Support:
Ask broker
Days & Hours of Operation: Ask broker
Owner Hours Per Week: Ask broker
Non-Owner Payroll: Ask broker
Employees: Ask broker
Managers: Ask broker
Monthly Rent: 9600
Square Footage: 5610
Facilities Information:
Great street visibility and high traffic counts.
Approximately 5,610/SF.
Main level seats 64.
12-seat full-service bar.
2 patios seat 53 overlook town center.
Upper-level seat 74 in private event space w/ stage and state-of-the-art sound & light system.
$9,600 Monthly Rent All-In.
4-years left on Lease.
Options to renew to be negotiated with Landlord.
Fully equipped kitchen with 2 Walk-in coolers and a walk-in freezer.
Competition:
Ask broker
Potential Growth:
Restaurant space is convertible to almost any casual, bar, lounge, or full-service concept.