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Restaurant for Sale in Atlanta

Great family restaurant in Historic Social Circle
Family Reataurant Historic Social Circle
Walton County
Social Circle, Georgia

Financials (glossary of terms)

Asking:   $695,000
Gross:   $583,000
Cash Flow:   $85,000
FF&E:   Included (included in the asking price)
Inventory:   Included (included in the asking price)
Real Estate:   $475,000 (included in the asking price)

Business Summary

Sale includes Real Estate. This restaurant, originally the basement of a hotel accross from the railroad depot, was totally renovated on the interior. Adding rough sawn wood trimming to the upper level of original red brick walls, heavy beams and exposed wood ceiling, gives the dining area an incredible warm ambience. It's comfortable to all, whether just off the job site or just from that important business meeting. A great place to bring the family. The menu offers a wide variety of foods, from burgers to Filet Mignon and New York Strip, fried or grilled chicken sandwiches and platters to catfish filets, Mahi Mahi, baby back ribs, reuben sandwiches, quesadillas, fried shrimp and shrimp Alfredo, meatloaf and a variety of appitizers. All this and more at prices that won't wipe out the family budget.

General Information

Year Established: 12

Employees: 5 Full 6 Part

Facilities:  REAL ESTATE INCLUDED 3200 sq ft 4 side brick outside and inside. Current seating for 118 including 10 at bar. 4 tap draft beer cooler holds 3 1/2 kegs. 2 well bottle cooler. Kitchen - 2 sandwich prep coolers, 2 well steam table, 3 friers, char grill, flat grill , four burner stove & oven, freezers, walk in cooler, leased dish washer. All in good working condition.

Market Outlook

Competition:  Only blocks away from higher priced Famous Blue Willow Restaurant. Not competitive but rather complimentary.
Growth/Expansion:  Previous advertising limited to small yellow pages, intermitent local newspaper ads, mostly word of mouth. With more promotion much more sales potential. Area has begun rapid growth. New Perimiter college bringing reported 7000 students. Higher end subdivisions and business parks.

About the Sale

Support/Training: Owner operator will provide up to 4 weeks training after closing.
Reason Selling: Retirement


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