For Sale
$670,000

1061 Village Park DrGreensboro, GA 30642

Profitable Italian eatery, lease or buy.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Italian restaurant, located at 1061 Village Park Dr in Greensboro, GA 30642, presents a lucrative investment opportunity. Boasting 5,800 square feet of space, this well-established establishment seats 160 diners, with an additional 28 bar seats and 20 outdoor patio seats. Currently operating Monday through Saturday from 5 PM to 10 PM, the restaurant enjoys a prime location minutes from the Ritz Carlton Reynolds Plantation and Lake Oconee, catering to a high-income demographic. Financial records reveal impressive performance: 2022 gross sales reached $1,324,449 (dinners only), yielding a net profit of $236,699.53. 2023 saw even greater success, with gross sales of $1,469,011 (dinners only) and a net profit of $304,866.77. The current monthly rent for the business is $5,400 all-inclusive, with a new long-term lease negotiable. The business is priced at $670,000, with the real estate available for an additional $1,000,000

Highlights

  • 5,800 square feet.
  • Highly profitable business.
  • Business and real estate available for lease or purchase.
  • Current monthly rent (business only): $5,400 all-inclusive.
  • New long-term lease negotiable.
  • Seating capacity: 160 (includes 28 bar seats and 20 outdoor patio seats).

Property Details for 1061 Village Park Dr

Property type
Retail properties, Restaurants
Square Feet
5,800 SF

Location Insight

City
Greensboro
County
Greene
State
Georgia
Latitude
33.466392
Longitude
-83.245296
1061 Village Park Dr, Greensboro, Georgia

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1061 Village Park Dr
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