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- RE: Restaurant With Property In Dublin, GA!
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $310,000 | |
Annual Revenue: | $216,000 | |
Net Profit: | $120,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1969 | |
Employees: | Not Disclosed | |
BBN Listing #: | 940000 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Restaurant has recently shutdown because the employees were running the business down. Seller is seeking a reliable manager in order to reopen the business!
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Seller was 100% Absentee for these sales!
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Sales in 2021: $450,000
Sales in 2022: $320,000 (Reduced work hours and employees with reduced menu)
Sales in 2023 averaged $18,000 per month when it was open.
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Seller has other businesses and cannot concentrate on this Business.
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Previous owner took home over $120,000 per year as an absentee owner! Current Seller is not visiting the restaurant at all and did not monitor the employees even thru the security cameras either! Buyer can bring the sales back up to 2021 levels.
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100% Absentee-Owned, Independent Restaurant with Property in Dublin, GA!
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No franchise royalties to decrease your net profit! Seller will share all recipes!
Asking Price for Business and Property only $310,000 plus inventory!
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If interested, please contact us with your email, full name and best contact number through reply to this ad button.
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Market Competition and Expansion:
Located right off US Highway 441 and surrounded by residential homes. 6 apartment complexes with over 400 units within a 1-mile radius of the restaurant! 10 mins from Baron Field Dublin Municipal Airport! Less than a mile from a Shopping Center! 5 mins from Dublin Country Club!
Reason for Selling:
Seller has other businesses and cannot concentrate on this Business.Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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