For Sale
$595,000

102 Hill StGriffin, GA 30223

Historic Downtown eatery, profitable business.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional opportunity presents the chance to acquire a thriving Greek-Italian restaurant and pizzeria in historic downtown Griffin, Georgia. Located at 102 N Hill St, this established business boasts 1,100 square feet of space, seating for 57 patrons, and a fully equipped kitchen capable of handling any volume and cuisine. The restaurant has operated under the same ownership since 2008, consistently demonstrating profitability. 2022 gross sales reached $522,529.93, with a net profit of $123,252.10, operating only five days a week and without delivery services. 2023 projections mirror 2022's performance. The sale includes the business name, recipes, existing loyal staff, and the building itself. The current owner is retiring, offering free training to ensure a smooth transition. The property is priced at $595,000, encompassing the business and real estate. The restaurant currently serves beer and wine and is situated in the Atlanta metropolitan area. The current short hours (closed Saturdays and Sundays, plus a one-month summer closure for owner vacation) present a significant opportunity to increase revenue by expanding operating hours. Detailed financial records are available upon request. This turnkey operation is ideal for an experienced restaurateur seeking a profitable, established business with significant growth potential.

Highlights

  • Historic Downtown Griffin, GA Greek-Italian Restaurant & Pizzeria with Real Estate for Sale.
  • Established Angelos Mediterranean Restaurant for Sale.
  • Located at 102 N Hill St, Griffin, GA 30223, in the Atlanta metro area.
  • Same ownership since 2008.
  • Currently operates with short hours, closed Saturdays and Sundays, and a one-month summer closure.
  • Significant sales and profit potential by expanding hours.

Property Details for 102 Hill St

Property type
Retail properties, Restaurants
Square Feet
1,100 SF

Location Insight

City
Griffin
County
Spalding
State
Georgia
Latitude
33.24889
Longitude
-84.2634769
102 Hill St, Griffin, Georgia

FAQs

What type of property is this?
Retail property - Historic Downtown eatery, profitable business.
Where is the retail property located?
The property is located at 102 Hill St Griffin, GA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Historic Downtown Griffin, GA Greek-Italian Restaurant & Pizzeria with Real Estate for Sale.; Established Angelos Mediterranean Restaurant for Sale.; Located at 102 N Hill St, Griffin, GA 30223, in the Atlanta metro area.
How can I contact the broker?
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102 Hill St
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