Established Diner -Huge Real Estate Potential

Calhoun, GA (Gordon County)

Established Diner -Huge Real Estate Potential
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Asking Price: $450,000

Cash Flow: $79,000

Gross Revenue: $125,000

EBITDA: $79,000

FF&E: $35,000

Inventory: $1,500

Established: 2011

Established Diner -Huge Real Estate Potential

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Business Description

Established successful Road Side Diner. Nice cash flow- fabulous Real Estate Potential. Off I-75 in Calhoun GA. Earn income from the attached rental property and restaurant pay you while you wait for the real estate appreciation.

Rental Income $2150 /month

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All furniture, fixtures and equipment to convey. Fully stocked kitchen with all equipment needed to run the restaurant. Land and building have huge potential for a real estate sale to a Fast Food Franchise or other. Attached 2 bedroom 1 bath apt $1290/month Attached 1 bedroom one bath apt rents for $860/month Total rental income $2150 / month.- Independent of restaurant Lot size about 1.2 acres
Competition:
NO real competition nearby. Well known diner for many local residents. Great local diner for drive by traffic form I-75.
Growth & Expansion:
Expand marketing or offer specials to entice more locals.
Financing:
10% for the right buyer
Support & Training:
Owner will stay for 2 weeks to train new buyer
Reason for Selling:
Health Reasons
Business Website:
http://ensurebb.com
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James McGeehan

Business Listed By:
James McGeehan

Ensure Capital

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