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538 S MAIN ST Swainsboro GA 30401

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Details
Property Type Retail
Sub Type Restaurant
Building SqFt 1,871
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 1969
Days on Market ******
Latitude 32.5826
Longitude -82.3197

Property History

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Property Type
Property Type
Retail
Property Subtype
Restaurant
Asking Details
Asking Cap Rate
******
Marketing Description

Yearly sales are over $892,000! Yearly Net Profit is over $158,000!

Seller is absentee! Huge opportunity for an Owner-Operator to take over!

Food and paper cost is extremely high at 46% because Seller is absentee! Owner-operator can reduce the food cost to 40%, which would increase Net Profit an additional $53,500!

Business has been established since 1969 and is a landmark in Swainsboro!

Seller just put in a brand new roof and HVAC last year!

2 hours from Atlanta, GA. 1 hour 30 mins from Augusta, GA and Macon, GA!

6 miles from universities like East Georgia State College with over 3,000 students, 131 College Circle, Southeastern Technical College, and Swainsboro High School with over 700 students.

Surrounded by manufacturing plants like W.L. Installers, Ogeechee Steel Inc., Tractor Supply Co., Advanced Metal Components, Inc., Coastal Plain Ventures, LLC d/b/a American Steel Products, CarbonXT Inc. - Black Birch Plant within 4 miles.

3 miles from apartment complexes like Latitude105, EGSC - Housing, Quail Ridge Townhouses, and Moring Apartments Ltd.

5 miles from a new subdivision being developed with 47 new homes!

3 miles from a downtown development that plans to grow retail, office, and residential properties, a main street market houses more than 60 vendors, offering a variety of local art, antiques, crafts, unique gifts, and more,

Average traffic count of 12,800 vehicles passing by the restaurant each day!

Asking Price for Business and Property: $795,000!

If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Investment Highlights

Seller just put in a brand new roof and HVAC last year!

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
KP
Kavita Purohit PRO
•••.•••.9999
••vita@••••••••••••.com
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Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Vidalia, GA.
Vidalia, GA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Vidalia, GA (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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