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Small Town Quaint Restaurant Includes Property & Building For Sale

Lenox, Georgia
Asking Price:
$125,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Available on request

This is a jewel in the rough that's priced to move!
This small quaint restaurant has been in operation for 13 years. It is solely run by employees and owner is now ready for retirement and travel. This is the only restaurant in the town it is simple to run and has great potential with new ideas and extended hours. Current hours are Monday thru Friday 6.30 am thru 2.00 pm and Saturday 7.00 am thru 2.00 pm.
The restaurant has a dining room and a separate take out counter. The building is an old gas station converted into a restaurant, nice high ceilings with tin ceiling tiles.
This restaurant has daily lunch plates [home cooked meat and veges], hot and cold sub sandwiches, pizza, fabulous hamburgers and many other items on the menu.
The restaurant is fully equipped with great refrigeration, cooking appliances, ovens, pizza machine, coffee machine, ice machine and ice cream machine. Furniture is in great condition, stone bistro tables and the building is very clean and well maintained. The food score on this restaurant is always 100 which tells you how the establishment is looked after.
This small town restaurant caters to a teachers education program, there can be anywhere from 20 to 100 people at one time for lunch during the further education months. There is an outdoor eating area as well.
This establishment would be ideal for a mother/daughter or ma and pa situation. Extension of hours would certainly create more cash flow and would be welcomed in this small town. Night time trade would increase pizza and grill sales substantially.
This establishment would support selling lots of niche items like jams, jellies, honey, hot sauces. Any country store items would fit the bill. Holiday food baskets would be another great idea.
This restaurant will be sold with all equipment, furniture, & inventory. There are just a few antique pieces that the owner would like to keep.
Purchasing the building with the land, which has an outdoor seating area, big sign, builds equity every month even if you have a mortgage. It actually works out cheaper than paying monthly rent. Check these numbers:
The building tax appraisal is $42,900. Equipment & Inventory $66,000 - Operational Business just walk in and take over.
The future owner of this business will do great with fresh new ideas, menu changes, extended hours and a general love for the industry.

Property information

Real Estate:

Real Property Included

Location:

Lenox Georgia. Sits right on Hwy, right beside a bank.

Business Operation

Expansion Potential:

Extended hours would increase the turnover, there is nowhere to eat at night within a 20 mile radius.

Competition / Market:

This is the only restaurant in the town.

Reasons for selling:

Owner has been in the restaurant business for 25 years and has other business's. The owner is at an age where she would like to start traveling.

Trading hours:

Monday thru Friday 6.30am thru 2.00pm Saturday 7.00am thru 2.00pm

Employees:
2
Years established:
13

Other Information

Support & training:

Experienced Staff on hand can help with all aspects of the business. There are systems in place for ordering.

Furniture / Fixtures value:
$63,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD) - included in the asking price
Related Documents:

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