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17721 – Extremely Popular Southern Bistro with Fresh Seafood

RestaurantsFor Sale in GA

Financial & Assets Details

$906,268
$131,640
$350,000
5,000+/-

About the Business

2009
23 nonunion.
Yes

Business Description

Accepting Offers! This unique, profitable upscale Restaurant is a popular tourist location in Georgia. Reducing to 5 days per week with more revenue and profit with lower cost, wow! Minutes from a popular beach, this restaurant comes with 4 revenue streams: dine-in, takeout, bar and catering. Primary product lines consist of authentic, made from scratch, Southern Cuisine dishes including locally sourced shrimp, meat loaf, pot roast, chicken, pasta, salads, and many other high demand dishes. This bistro catering food preparation services: food trays for corporate events, weddings, parties, and more. Award winning it’s turn-key with an experienced staff capable of running the entire operation. From a prime, high-traffic tourist area, the lease is long-term, renewable, and the building totals over 5,000 square feet, including an office and 1,600 sf of kitchen space. Company has grown through providing high quality food, outstanding customer service, and locally sourced seafood dishes. Customer base consists primarily of regional residents, tourists, and vacationers looking for authentic, high-quality Southern cuisine. With its range of capabilities, the marketing efforts focus on targeting repeat business utilizing its database of customer information, internet marketing, and extremely high ratings on social media, and through local listings. The company also carries a full liquor license, which allows it to attract an even more diverse customer base looking for a complete dine-in experience. The COVID-19 pandemic affected the company’s revenue in 2020 by approximately 35% due to mandated government shutdowns and limited capacity, falling just below $1 million (compared to previous years near $1.5M), but 2021 is again seeing greatly increased business and profit margins. Great opportunity for a high profit restaurant only open 5 days a week with plenty of room to grow!

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Property is Leased.

Support & Training

Owner Transition period of 12 months.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: 17721 - Extremely Popular Southern Bistro with Fresh Seafood

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