Hot Wing Restaurant - Motivated Seller

Gwinnett County, GA

Hot Wing Restaurant - Motivated Seller
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Asking Price: Get Financing: $125,000

Cash Flow: $96,000

Gross Revenue: $432,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: N/A

Hot Wing Restaurant - Motivated Seller

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Business Description

Motivated Seller, All Offers will be Considered.

This Hot Wing restaurant is surrounded by
many apartment complexes and residential sub divisions.
Also very close to office area.

Very close to Duluth and Lawrenceville.
Only 5 minutes driving away from Exit 104 McDonald.

Stable income - due to good location
and strong regular customer base.

Current seller operated 16 years,
delivery is 40% of the sale,
there is delivery charge (average $1.50)

Monthly sales: $36,000

Monthly net income: $8000 (husband & wife income included)

Rent: $2250 (including cam water building tax,
Lease: 4 years left, new contract available for new term)

Space: 1100 sf

Payroll: 1 full time and 2 part time: $450/week for full time,
$200/week for each part time

Food and supply cost: 40%

Open hours: 11am – 10 pm (sun-thu), 11am –11pm (fri, sat)

Utilities: electricity $600, 3 phone lines and internet $200, gas $250

Cash customer: 60-70% // Credit card customer: 30-40%

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Support & Training:
Yes
Reason for Selling:
Family
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Contact the Seller

(from currently available funds)
 
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Jay Jeon

Business Listed By:
Jay Jeon

Trustus Realty

Show Phone Number

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