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1061 Village Park Dr

5,800 SF Retail Condo Unit Offered at $1,670,000 in Greensboro, GA 30642

Executive Summary

Lake Oconee-Greensboro-Eatonton GA Area Restaurant for Sale w/Real Estate Option – $304,866.77 Profit on Dinner Only – 2023/2024 P&L's on Broker Website 5,800/sf. Profitable. Lease or Buy w/Real Estate. Monthly rent on business purchase is currently at $5,400 per month All-In. New Long term lease to be negotiated. Seats 160. Bar seats 28. Outdoor patio seats 20. Well Established. Fully up to code. 2022 Gross Sales $1,324,449.00 on dinners only. 2022 Net Profit $236,699.53 after paying all expenses. 2023 business up from the previous year. 2023 Gross Sales $1,469,011.00 on dinners only. 2023 Net Profit $304,866.77 Profit after paying all expenses. Adding lunch, brunch and additional dinner shift can dramatically increase business. Great staff in place including Executive Chef makes for a flawless transition. Owner will provide training during the transition at no charge. Priced at $670,000 for business. Real Estate priced at $1,000,000 but not required to buy.

Property Facts

Price $1,670,000
Unit Size 5,800 SF
No. Units 1
Total Building Size 13,220 SF
Property Type Office (Condo)
Sale Type Owner User
Building Class B
Floors 2
Typical Floor Size 5,222 SF
Year Built 2006
Lot Size 2.41 AC
Parking Ratio 1.21/1,000 SF

1 Unit Available

Unit 101-104

Unit Size 5,800 SF
Price $1,670,000
Price Per SF $287.93
Condo Use Retail
Sale Type Owner User
Sale Notes

(This is an Open and Operating Businesses for Sale.  Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation, due diligence and Inspections will be provided upon request)

da Corrado Ristorante Greensboro GA for Sale.

Located at 1061 Village Park Dr 101 – 104, Greensboro, GA 30642.

Lake Oconee-Greensboro GA Freestanding Italian Restaurant for Sale w/Real Estate.

da Corrado Ristorante is a family owned and operated business. We strive to deliver a superior Italian experience in a spacious but intimate set of dining rooms and tavern.

Our menu and wine list are both extensive,  with our fare being both true Italian cuisine, accompanied by unique takes and embellishment at times, along with other European Mediterranean recipes and wines from around the globe.

Bustling, family-run restaurant offering pasta, pizza & other Italian classics in a warm atmosphere.

Minutes to Ritz Carlton Reynolds Plantation & Lake.

Lake Oconee, located just 75 miles east of Atlanta. Where nature’s beauty and Southern hospitality come together to create an unforgettable experience. Nestled in the heart of Georgia, Lake Oconee is a hidden gem, beckoning travelers and adventure seekers to explore its tranquil waters, lush landscapes, and vibrant communities.

Greensboro Georgia Restaurant & Bar for sale.

Established 2010.

Desirable Lake Oconee location.

Middle to a very high-income area.

Greensboro is a town filled with gorgeous scenery, a quaint and historic downtown, and delicious food.

Freestanding 5800/sf.

Profitable.

Lease or Buy w/Real Estate.

Monthly rent on business purchase is currently at $5400 per month All-In.

New Long term lease to be negotiated.

Seats 160.

Bar seats 28.

Outdoor patio seats 20.

Well Established.

Fully up to code.

Monday-Saturday 5PM-10:00PM.

Closed Sunday.

2022 Gross Sales $1,324,449.00 on dinners only.

2022 Net Profit $236,699.53 after paying all expenses.

2023 business up from the previous year.

2023 Gross Sales $1,469,011.00 on dinners only.

2023 Net Profit $304,866.77 Profit after paying all expenses.

2024 1st Qtr Attached below.

Adding lunch, brunch and additional dinner shift can dramatically increase business.

Great staff in place including Executive Chef makes for a flawless transition.

Owner will provide training during the transition at no charge.

Priced at $670,000 for business.

Real Estate priced at an additional $1,000,000 but not required to buy.

Amenities

  • Restaurant

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 31548138

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 1061 Village Park Dr, Greensboro, GA 30642

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