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Business For Sale; 58 -- Eating & Drinking Places; AMERICAN RESTAURANT.

These are two restaurants (concepts) operated currently under a LLC ownership. The first is a small intimate fine dining restaurant that changes its menus several times per week for lunch and dinner based on fresh, seasonal ingredients. The second is a Mediterranean bar and grill that has a fixed menu that changes slightly a couple of times a year. Both Restaurants share one kitchen. The restaurants and located less than 1 block from the historic downtown square in LaGrange. Even though the restaurants are next door to each other, the entrances are separated as the entrance to to the first is off of The Promenade which is a walking path that runs through cross blocks throughout downtown LaGrange. Great live work community just 40-minutes from Downtown Atlanta.The rent is broken up into both restaurants. The Mediterranean restaurant is approximately 3,354 SF; rent also includes the rent for the kitchen that is used by both restaurants currently pays $2,600 per month. The other restaurant pays $700 per month for approximately 1,079 SF; in addition pays on behalf of the Mediterranean restaurant $479.36 per month in payment to purchase all of the kitchen and bar equipment. 2013 Gross Sales $889,082.582014 YTD September 4 Gross Sales $585,210 with net profit at $134,812 after all expenses and Kitchen Manager/ Head Chef annual salary of $45,000.Price includes both restaurants plus inventory paid at Seller invoice cost at Closing. Keep or convert to any concept.

Selling Price: $333,000 Gross Annual Sales: $585,210 Region: Southeast (AR LA TN MS AL GA FL) Category: Listing #:83164 (B) [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, mergers@firstlist.com. FirstList will forward the contacts pertaining to the principals or intermediaries representing the businesses for sale in order to obtain additionalinformation.]

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Publication:Businesses for Sale: FirstList
Date:Dec 29, 2015
Words:316
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