Lake Oconee-Greensboro GA Freestanding Italian Restaurant w/RealEstate
| Asking Price: | $670,000 |
| Gross Revenue: | $1,469,011 |
| Established Year: | 2010 |
| Cash Flow: | $304,866 |
| Rent: | $5,400/Month |
Lake Oconee-Greensboro GA Italian Restaurant for Sale w/Real Estate Option -$304,866.77 Profit on Dinner Only – 23/24 P&L’s Attached
(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)
Lake Oconee-Greensboro GA Italian Restaurant for Sale w/Real Estate.
da Corrado Ristorante Greensboro GA for Sale.
Located at 1061 Village Park Dr 101 – 104, Greensboro, GA 30642.
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.
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.
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.
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.
See broker website link for 2024 1st Qtr.
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.
