Georgia Restaurant for Sale Low Rent, High Returns, HOT Opportunity - Business for Sale
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American and Barbecue Restaurant in Thomasville, GA
Thomasville, GA, US
Added 5 months ago
Restaurant
8 years in business
Restaurant serving American and barbecue cuisine with beer and wine service, located in Thomasville, Georgia, operating from a 5,000 square foot space with seating for 100 and a trained staff of 14 employees.
Key Information
Asking
$395K
Revenue
$874K
Earnings
$226K
Multiple
1.7x
Key Highlights
- Owner benefit reported as $217,054, with additional cash activity
- Business has been established for 8 years
- Premises are approximately 5,000 square feet with seating for 100
- Lease is $3,901 per month through August 31, 2034, with options to extend
- Business operates Tuesday through Saturday from 11am to 9pm
- Team of 14 employees in place
- SBA financing is available for qualified buyers, but not for the full purchase price
- Buyer prequalification of $75,000 is required
Contact Info
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