Established And Profitable Neighborhood Bar And Grill

Gwinnett County, GA

Established And Profitable Neighborhood Bar And Grill
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Asking Price: $380,000

Cash Flow: $108,000

Gross Revenue: $1,020,260

EBITDA: N/A

FF&E: $150,000

Inventory: $30,000*

Rent: $8,800 /Month

Established: 2003

*not included in asking price.

Established And Profitable Neighborhood Bar And Grill

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Business Description

Great, profitable bar and restaurant in prime location

Local high volume, profitable neighborhood bar and grill for sale in great location!

This restaurant has non-stop weekly events and specials to keep customers coming and returning. Between the rotating weekly bands and open mic nights it's no surprise why this restaurant is a favorite amongst their loyal residential and corporate patrons.

The location of this restaurant couldn't be better, located on a major roadway with ample parking and nestled between 3000+ walkable residential homes.

This 4,200 square foot restaurant seats up to 65 people in the main dining room in addition to outdoor seating for 60 for those warm Atlanta summer evenings. The spacious bar seats up to 90 people. Host an event in the private banquet room that seats 45. The rent on this beautiful building is just $8,800 per month including CAMS with a five year lease term.

The current seller is looking to sell to pursue other opportunities. If you would like to be known for owning the favorite local hot spot then this could be the right opportunity for you. The restaurant is open Monday through Sunday serving lunch, dinner and after dinner drinks.

This well established bar and grill has been around for 15+ years and shows no signs of slowing down anytime soon. Seller financing available!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
N/A
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Ample Parking well maintained. The restaurant pre-dates the incorporation of Johns Creek
Competition:
Competition is low with this being the most established locally owned restaurant and bar in the area
Growth & Expansion:
Add menu items Keep or change concept Add family day Increase delivery to 3000+ residential homes within walking distance Increase private room rental with coporate events serving 500+ local corporations
Support & Training:
2 weeks
Reason for Selling:
other opportunities
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Karl Barham

Business Listed By:
Karl Barham

Transworld Business Advisors of Atlanta Peachtree

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