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Kennesaw Restaurant & Bar – Minutes from Kennesaw State University

Kennesaw, GA (Cobb County)

Seller Financing Available
Kennesaw Restaurant & Bar – Minutes from Kennesaw State University
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Asking Price: $300,000

Cash Flow: $180,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,800 /Month

Established: N/A

Kennesaw Restaurant & Bar – Minutes from Kennesaw State University

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Business Description

Kennesaw Restaurant & Bar – Minutes from Kennesaw State University – 2018 Net Profit $180,000 – BELOW MARKET PRICE w/Generous OWNER FINANCING

(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)

The LoKaL is a traditional American restaurant with a neighborhood pub and tavern feel.

2,500/sf.
Seating for 100.
Bar seats 15.
Outdoor patio seats up to 30.

Tons of parking.

Long term lease at $2,800 per month includes all extras.
Two options to renew on top of the current 4-year lease.

Gross Sales in 2018 are $1,000,000.
Net Profit is $180,000 in 2018.

Full staff in place for a flawless transition.

Owner to provide extensive training and support at no charge.

Priced at $300,000 with Owner financing options as low as 50% down and long-term Owner financing.

Detailed Information

Location:
Kennesaw, GA
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Facilities:
2,500/sf. Seating for 100. Bar seats 15. Outdoor patio seats up to 30. Tons of parking. Long term lease at $2,800 per month includes all extras. Two options to renew on top of the current 4-year lease.
Competition:
Please ask business broker for details.
Growth & Expansion:
Please ask business broker for details.
Support & Training:
Owner to provide extensive training and support at no charge.
Reason for Selling:
Other interests.
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Business Location


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(from currently available funds)
 
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Steven Josovitz

Business Listed By:
Steven L. Josovitz

Shumacher Restaurant Brokers

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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