Hugely Successful Restaurant and Bar – UNDER CONTRACT
Hugely Successful Restaurant and Bar – UNDER CONTRACT
Price: $2,995,000
Location: Chatham
Industry: American Restaurants, Bars, Pubs and Taverns
Listing ID: 1478
Welcome future entrepreneurs and savvy business enthusiasts! If you've been dreaming of owning a successful bar and restaurant that is not only hugely popular but also exudes a unique and inviting atmosphere, then look no further.
Presenting to you the iconic "Hugely Successful Restaurant and Bar" - a gem nestled in a bustling tourist area, adored by locals and visitors alike. This establishment has cemented its position as a beloved gathering place, a true landmark where unforgettable memories are made over delicious food and drinks.
Why should you consider making this yours? Well, let's start with the unbeatable combination of outstanding service, prime location, and an atmosphere that just screams charm. The dedicated staff and loyal customer base are simply the cherry on top! Together, they have crafted a winning formula that guarantees not just success but a steady stream of repeat business.
Imagine stepping into a thriving business where the groundwork for profitability and stability has already been laid. Here's your chance to not just own a bar and eatery but to own a piece of a community hub that is synonymous with quality and excellence.
Whether you're a seasoned entrepreneur looking to expand your portfolio or a budding business enthusiast yearning to make your mark, this listing is tailor-made for those who appreciate the value of a well-established, revenue-generating enterprise.
Don't let this once-in-a-lifetime opportunity slip through your fingers. Join the ranks of esteemed owners who have transformed dreams into reality. It's time to turn the key to success and unlock the potential waiting for you at the "Hugely Successful Restaurant and Bar".
Seize the moment, ignite your entrepreneurial spirit, and make your mark on the business world today! The time is now. ??? #BusinessOpportunity #SuccessAwaits #RestaurantForSale
Gross Revenue: $2,992,605
Cash flow: $968,096
FFE Included: 15000
FFE: 15000
Reason For Sale:
Other Interests/Family
Training & Support:
Mutually Agreeable
Year Established: 2000
Employees: 19, - 5 FT & 14 PT
Type of Location: Freestanding with deck and outdoor tables
Square Footage: 3500
Competition:
Within Georgia Chatham County tends to attract visitors under the age of 65. However, outside of Georgia, this area tends to attract fewer 18- to 34-year-olds and more 50-to 64-year-olds. One reason for this could be those in the higher age group usually have a higher amount of disposable income for a vacation to this area, whereas the younger age group is likely to take a more cost-effective vacation at a location closer to home.
Potential Growth:
The tourism industry has had a substantial effect on economic activity in this area. This report found that an annual average of 1.7 million tourist visitors and 1.9 million total visitors traveled to the area in 2021 and 2022 from every U.S. state. When this information is compared to the 2015 report, visitation has increased by 83 percent. This current report has also captured visitor survey data from an additional 10 U.S. states, and 0.4 percent of data represents tourists with an international point of origin.