Description
Georgia's Family Restaurant has been operating in this Brick Mixed Use building for 32 years!!! Originally established in 1989 with a change of ownership 15 years ago; that time has now come again for a new owner to hold the spatula on the line! Currently this busy restaurant is operating 7:00 AM to 1:00 PM; Tuesday through Sunday, serving Breakfast and Lunch. There is much more potential for even greater income if the new Owner opens again on Mondays or extends the business hours. A Beer/Wine/Liquor License is also possible with application and approval. The business conveys with the business name, menu, fabulous reputation and all equipment and fixtures: Turn Key, Flip Spatula! Building updates totaling $70,000 10 years ago and a newer Central A/C is only 3 years old. Parking Lot in the Rear for 10 cars and other street parking near-by. This will be a 15-year lease, Modified Gross starting @ $2500/Mo. with Escalation Clause @ every 5y. For more info on the lease, see MLS#1299745. This is truly a must see and must eat at restaurant located on the Central Falls and Lincoln line. SELLER FINANCING!!!!!
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
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1,838SQFT
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$68$/SQFT
School Ratings & Info
Description
Georgia's Family Restaurant has been operating in this Brick Mixed Use building for 32 years!!! Originally established in 1989 with a change of ownership 15 years ago; that time has now come again for a new owner to hold the spatula on the line! Currently this busy restaurant is operating 7:00 AM to 1:00 PM; Tuesday through Sunday, serving Breakfast and Lunch. There is much more potential for even greater income if the new Owner opens again on Mondays or extends the business hours. A Beer/Wine/Liquor License is also possible with application and approval. The business conveys with the business name, menu, fabulous reputation and all equipment and fixtures: Turn Key, Flip Spatula! Building updates totaling $70,000 10 years ago and a newer Central A/C is only 3 years old. Parking Lot in the Rear for 10 cars and other street parking near-by. This will be a 15-year lease, Modified Gross starting @ $2500/Mo. with Escalation Clause @ every 5y. For more info on the lease, see MLS#1299745. This is truly a must see and must eat at restaurant located on the Central Falls and Lincoln line. SELLER FINANCING!!!!!
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