Fast casual restaurant in high traffic area and profitable

Woodstock, GA (Cherokee County)

Fast casual restaurant in high traffic area and profitable
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Asking Price: $148,500

Cash Flow: $44,000

Gross Revenue: $430,000

EBITDA: N/A

FF&E: $75,000

Inventory: N/A

Rent: $3,300 /Month

Established: 2014

Fast casual restaurant in high traffic area and profitable

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Business Description

Profitable well established fast casual restaurant in woodstock

This profitable Fast Casual Restaurant for sale in Cherokee County Georgia serves up Award winning foods just minutes away from Roswell and downtown Woodstock. This restaurant is locally owned and operated. This is not a franchise so no need to worry about monthly fees or profit sharing.

This profitable restaurant has a license to serve beer adding to its profitability.

2018 gross sales were close to $430,000 and owner income was $44,000 and that's with minimal advertising. 2019 sales on pace to break $475,000. 1st quarter 120K already on the books.

Monthly rent of only $2946 with CAM expenses at $900 through July 2019. 5 years remain on lease below average rent based on size in area.

This profitable restaurant seats 75 customers which allows for greater income as its popularity grows and marketing drives more customer traffic.

In addition to great food, a great lease, and a great customer following, this restaurant is in a great location on the best known and most traveled road in all of Cherokee County in a fully occupied shopping center with major anchor with a lot of foot traffic.

There is plenty of upside potential just from working with local businesses and catering lunch meetings and other business functions.

The restaurant was built new in 2014 and became an instant success. This restaurant has outstanding reviews on yelp and google customers love this place. It is fully equipped with a built in 1500 gallon grease trap and 12 foot hood already in place. When you consider all the equipment and furnishings that went into opening this location, a similar build out would cost more than the asking price and you already have a great lease and profitable P&L just waiting for a new owner to take to the next level.

For more information on this Restaurant for Sale please send E-mail to loganminc@gmail.com

Detailed Information

Location:
Woodstock, GA
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
8/1/2024
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All assets are included in sale minus 12 foot hood and grease trap (landlord)
Growth & Expansion:
Currently no paid advertising or food specials these things could help grow business. Uber eats and door dash could be added to help increase sales.
Financing:
No seller financing available
Support & Training:
Owner will help with training new ownership if needed
Reason for Selling:
relocation
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Business Listed By:
Maurice Logan

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