Savannah Freestanding Restaurant, Bar w/Rooftop Deck – Hottest Location – $4M Buildout – $3M Sales – Profitable – Clean Books State of the Art – Keep or Convert

Savannah, GA Restaurant for sale:

Savannah Freestanding Restaurant, Bar w/Rooftop Deck – Hottest Location – $4M Buildout – $3M Sales – Profitable – Clean Books State of the Art – Keep or Convert


#1964

Savannah Freestanding Restaurant, Bar w/Rooftop Deck for sale.

Hottest and most desirable location in Savannah.

$4M Buildout.

State of the Art & Stunning.

Keep or Convert.

Clean books and records are available upon request during the due diligence period.

2019 Gross Sales $3,110,684.97.

2019 Net Profit to Absentee-Owner was $363,251.29

Freestanding 10,455/sf.

Capacity is over 500-guests.

Space has large bars and space for private events.

The rooftop alone can accommodate almost 200.

Long term lease at $27,000 monthly all in.

Buyer will receive a ten-year lease with a ten-year option to renew.

Multi-level with an amazing deck overlooking Skyline of Savannah.

Rated as one of the places to go with the hottest rooftop deck in Savannah.

A large modern kitchen can produce any cuisine or concept at any volume.

Amazing back and front of the house staff with full management in place secures a flawless transition.

Priced at $2,000,000.



Location

Country:

USA

State or Province:

GA

City:

Savannah

Location Zip or Postal Code:

31302

Listing Information

Title of Listing:

Savannah Freestanding Restaurant, Bar w/Rooftop Deck – Hottest Location – $4M Buildout – $3M Sales – Profitable – Clean Books State of the Art – Keep or Convert

Number of Locations:

1

Number of Seats:

Over 150

Size:

10,455, Square Feet

Number of Employees:

Less than 10

Financial Details

Asking Price:

$2,000,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

Contact Listing Owner