Historic Downtown Gainesville Restaurant & Bar for Sale
Financial Details
- Asking Price:
- $495,000
- Profit Metric:
- Cash Flow
- Location:
- Gainesville, GA, US
- Source:
- Date:
- October 08, 2025
Key Highlights
Description
This is a prime opportunity to acquire a freestanding restaurant and bar located in historic downtown Gainesville, Georgia. The 4,000 sq ft space boasts a stunning build-out, with opening costs reported at $1,600,000, indicating a high-quality establishment. The property is leased, with $8,500 per month in rent and 7 years remaining on the primary lease, plus two 5-year options. The business currently operates with a staff of 20, including a manager and kitchen manager, and offers ample seating with 50+ on the patio and a private room for 30. Parking is also plentiful with 57 spaces. While formal books and records are not included, sales have historically approached $2,000,000 annually. This is a well-established, open, and operating business that presents a flexible opportunity for a new owner to either continue the current restaurant concept or convert the space for retail, office, or medical use. It is conveniently located minutes from Lake Lanier.
Industry Information
- Industry Description:
- Restaurant & Bar
- Classification:
- Restaurants & Food
Operational Snapshot
- Employees:
- 20
- Reason for Selling:
- Other interests
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $8,500 USD
Broker Contact
- Name:
- Steven L. Josovitz
- Company:
- Shumacher Restaurant Brokers
Listing Details
- Listing ID:
- ac51703f-55dc-45b5-8adf-d83ea9b18467
- Source Listing ID:
- 2421809
- Deal Status:
- For Sale
- Last Updated:
- October 08, 2025
- Currency:
- USD