Restaurant with Property in Dublin, GA
Restaurant has recently shutdown because the employees were running the business down. Seller is seeking a reliable manager in order to reopen the business!
Seller was 100% Absentee for these sales!
Sales in 2021: $450,000
Sales in 2022: $320,000 (Reduced work hours and employees with reduced menu)
Sales in 2023 averaged $18,000 per month when it was open.
Seller has other businesses and cannot concentrate on this Business.
Previous owner took home over $120,000 per year as an absentee owner! Current Seller is not visiting the restaurant at all and did not monitor the employees even thru the security cameras either! Buyer can bring the sales back up to 2021 levels.
100% Absentee-Owned, Independent Restaurant with Property in Dublin, GA!
No franchise royalties to decrease your net profit! Seller will share all recipes!
Building has a drive-thru! Restaurant is approximately 1,600 sq.ft. Seller just upgraded outside light to LED!
Business has been established since 1969! The Seller is only the fourth owner since the restaurant's inception!
Seller is unable to run it absentee and is motivated.
The average daily traffic count is 10,400 vehicles passing by the restaurant every day!
Located right off US Highway 441 and surrounded by residential homes. 6 apartment complexes with over 400 units within a 1-mile radius of the restaurant! 10 mins from Baron Field Dublin Municipal Airport! Less than a mile from a Shopping Center! 5 mins from Dublin Country Club!
Close to a middle school with over 600 students and high school with over 2,900 students!
Asking Price for Business and Property only $310,000 plus inventory!
Financials (USD)
Asking Price $310,000
Cash Flow $120,000
Sales $216,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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