A remarkably rare opportunity to acquire a legendary, long-established Metro Atlanta restaurant operation simultaneously with the fee-simple ownership of the underlying commercial real estate.
Overview
Located on a high-visibility corridor in Smyrna, this property has served as a staple of the Cobb County food and beverage scene for decades. The location benefits from dense daytime commuter traffic, strong historical community ties, and exceptional street-front visibility. This is an unparalleled opportunity to secure real estate in a market where prime commercial dirt is rapidly disappearing to dense multi-family redevelopments.
Financial & Lease Summary
- Asking Price: $525,000 (Includes both the going-concern business operations and the fee-simple commercial parcel/building).
- Gross Revenue: Established historical revenue streams validating the concept.
- Lease Terms: N/A — Real Estate is included in the transaction. This eliminates landlord risk, protects against escalating NNN charges, and provides the buyer with a depreciable real estate asset.
Facilities & Equipment
- Facility Size: Approximately 2,500 sq ft freestanding commercial building.
- Kitchen Assets: Equipped specifically for high-volume barbecue production. Features commercial smoking infrastructure, high-capacity exhaust systems, dedicated prep areas, commercial refrigeration, and a fully compliant grease management system.
- Seating & Parking: Traditional diner-style seating configuration with dedicated, privately owned surface parking for patrons, ensuring seamless access during peak lunch and dinner rushes.
Deal Structure & Assets
- Licenses: Existing business licenses and health department grandfathering are a significant value-add.
- Strategic Value: The buyer can either continue operating the beloved Old South Bar-B-Q brand, leveraging decades of goodwill, or reposition the freestanding building for a new high-visibility retail or quick-service restaurant concept without the constraints of landlord use-clauses.
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