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Highly Profitable Bar & Restaurant

Gwinnett County, GA

Highly Profitable Bar & Restaurant
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Asking Price: $2,000,000

Cash Flow: $419,812

Gross Revenue: $2,415,381

EBITDA: $163,066

FF&E: $500,000

Inventory: $10,000

Rent: $0.54 /Month

Established: 2003

Highly Profitable Bar & Restaurant

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Business Description

This listing is for a highly profitable bar and restaurant located in the growing northeast Atlanta suburbs that is available to a qualified buyer. This business offers a buyer a yearly income of over $400,000. The business is located in a historic part of town in a fantastic building and location. They specialize in a wide variety of artisanal bar food that spans from delicious sandwiches and flatbreads, pizza, tacos and much more. Their bar features a wide selection of craft beers from all over the country and locally. Catering is also available as well and consistently adds to their revenues. This business is an established and popular fixture in the local community. They have a fantastic reputation in their marketplace with a wide base of loyal customers. This base can be grown even further through additional advertising though the business has seen consistent growth over the years. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Detailed Information

Location:
Gwinnett County, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
32,000
Lease Expiration:
12/31/2022
Employees:
35
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
32,000 sq ft. facility. Leased for $17,380/Month (Includes Utilities). Expires 2028
Competition:
Increase Advertising
Support & Training:
Owner will train the buyer at no cost for 4 weeks.
Reason for Selling:
health-related
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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