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#Business ID: 18375

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Restaurant & Bar In Augusta Georgia

Business Location: Augusta, Richmond, Georgia, United States

Asking Price: $ 295,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Features

* Restaurant and Bar for Sale in Downtown Augusta is in the middle of all the action.
* Great location nearby the historic riverfront.
* Six figure earnings for you as the new owner of this restaurant and bar for sale.
* Revenue in 2012 was $644,839 and net income was $126,992.
* Gorgeous custom bar serves up cocktails as clients wait on meals that are prepared fresh and to order.
* Fully equipped commercial kitchen has everything you need to prepare a menu with recipes that will transfer in the sale of the business.
* Restaurant and Bar for Sale in Georgia.

Lease Term: 3 years
Monthly Rent: $3,200
Hood System: Yes

Buy this restaurant and bar for sale and you get a business with many years of reliable sales, steady profits and great potential for growth.

Six figure earnings for you as the new owner of this restaurant and bar for sale by the restaurant brokers. Revenue in 2012 was $644,839 and net income was $126,992. And that’s with absentee management by the current owner who relies on two very good managers. They can remain on staff or you can take over as a hands-on operator. Either way, you have plenty of future opportunity to build upon.

Legacy location, this restaurant and bar for sale has been central to the Augusta dining scene for 20 years. This restaurant won’t stay on the market for long! Huge new business growth in the immediate vicinity will see to that.

The gorgeous custom bar serves up cocktails as clients wait on meals that are prepared fresh and to order. The owner has a new 3-year lease and is paying $3,200 month for rent. That includes space for an owner’s office.

The fully equipped commercial kitchen has everything you need to prepare a menu with recipes that will transfer in the sale of the business. Large hood with Ansul fire suppression system, flat top, six burner stove, refrigeration and walk- in coolers. There’s also a large, beautiful outdoor dining area and separate meeting room. Total seating, including in the meeting room, is 180. And there’s plenty of very convenient parking to support all the business.

Develop the strong tourism and business segment operations in place today and continue to experience the loyal traffic from area residents, who enjoy regular special events, including evening bands on weekends. And be prepared for huge lunch crowds. This one is the favorite among area businessmen and women who drive nearly 50 percent of overall sales.

And then there’s the great reviews all over the Internet. The restaurant is a 4-star business on both Google and Trip Advisor which is a bit unusual for a casual restaurant and bar. This is a great opportunity in a city (Georgia’s second largest) that showcases the South's rich past and modern allure.

Property Details

Property Type:

Lease

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