

Historic District Goldmine

Price: $800,000
Location: Savannah, GA
Industry: Restaurant and Food
Listing ID: 1442
Listing Status: New
Since 1959, this restaurant has held a prominent spot in the Savannah Landscape. Offering unique menu items, the freshest seafood and great service. Bar and Kitchen Manager have each been in place for several years and the seller is very dedicated to providing extensive training and ensuring a successful transition.
Restaurant has more than rebounded from the pandemic. Currently open 5 days per week, 2022 numbers still exceed pre-pandemic revenue when they were open 7 days. A new owner could definitely return to an every day schedule.
Revenue: $ 2,267,378
SDE: $349,397
FF&E: $150,000
Inventory: $30,000
Reason For Sale: Retirement
Year Established: 1959
Employees: 35 including 10 full time in the kitchen
Square footage: 4,436
Monthly Rent: $18,000
Total Sales: $2,267,378