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538 S Main St
Swainsboro, GA 30401
Absentee-Owned Restaurant with Property · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Yearly sales are over $892,000! Yearly Net Profit is over $158,000!
  • 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 Prof
  • Seller is absentee! Huge opportunity for an Owner-Operator to take over!

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
1,871 SF
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.39 AC
Zoning
COMMERCIAL
Frontage
100’ on MAIN ST

ABOUT 538 S MAIN ST , SWAINSBORO, GA 30401

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S28-052A
Land Assessment
$32,000
Improvements Assessment
$45,845
Total Assessment
$77,845
  • Listing ID: 29937981

  • Date on Market: 11/1/2023

  • Last Updated:

  • Address: 538 S Main St, Swainsboro, GA 30401

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