Restaurants For Sale in Georgia

Popular Savannah Restaurant For Sale, $1,749,000

Advert Id: 57198, Sellers Ref: ( )
  • Location:Georgia
  • Category:Restaurant, Food, Takeaway Food
  • Asking Price:$1,749,000
  • 1749000
  • Sales revenue :$
  • Net profit :$
  • Furniture/Fixtures value :$
  • Inventory/Stock value : $

Business description

Great Food, Great Service, Great Atmosphere! From tourists to devoted locals to national celebrities, passionate fans love to talk about how good they feel about this restaurant! The numbers support the customer testimonials, with sales increasing every year for the past 18 years at Sweet Potatoes Kitchen in the heart of Savannah GA.

Whether its to get a taste of the world-famous banana pudding that Adam Richman, host of the Travel Channels Man v. Food, dubbed the #1 Great Dessert of My Life, or just to enjoy the comfort of a good meal, patrons return time after time because the food is just that good.

Owned and operated by a Savannah family since 2001, the restaurant, which was hailed by the Travel Channel for its Southern classics upgraded with fun, fusiony twists, also boasts an international reputation. It draws people from all over who have seen it on television and want to sample its fabulous recipes featuring authentic southern fare.

Listing Details
Total Sales: $1,389,264

SDE: $240,000

Real Estate: $1,070,000 (Included in Price)

Reason For Sale:
Retiring

Training & Support:
Sellers will work with the new owners for 30 days

Operation:
Year Established: 2001

Days & Hours of Operation: Monday through Saturday 11:00 am - 9:00 pm

Employees: 26 FT 9 PT

Location
Square Footage: 4490

Facilities Information:
With inside seating of 85, plus several outside areas and plenty of parking under shady oaks, the establishment averages 450 tickets per day. While seeming to have a charming off-the-beaten-bath feel, the 1.5-acre property is located in the heart of a large medical community in Savannah's bustling mid-town area. Its central location is also a key ingredient to a successful catering and robust delivery business and is ideal for cozy parties. Plenty of room for expansion and even adding a rooftop deck.

Summary
Historical Summary:

Like the fresh ingredients, the reputation of this award-winning business has grown naturally, primarily generated by word-of-mouth advertising and years of outstanding reviews. Just recently, in April 2019, Foursquare City Guide acclaimed the restaurant as one of the 15 Best Places for Southern Fare in Savannah. Savannah Magazine readers voted the establishment 2018 Best of Savannah runner up for best southern cuisine.

Owner Qualifications:
From a faithful staff of 30+ employees to delicious recipes and a solid reputation, the retiring owners are dedicated to ensuring this establishment will continue to provide a place of comfort, delight and good food to devout patrons. The proof of its success is literally in the pudding, and reinforced by a successful business model that will be passed along to the next owners.

Potential Growth:
Lots of room for growth with plenty of FREE parking, an ideal place for small weddings and events too.

Best Business Brokers B3

Enquire Now

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