Profitable Brazilian Steakhouse for sale earning 6 Figures in Gwinnett

Gwinnett County, GA

Seller Financing Available
We Sell Restaurants 888.814.8226
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Asking Price: $595,000

Cash Flow: $144,618

Gross Revenue: $1,263,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $11,702.54 /Month

Established: 2017

Profitable Brazilian Steakhouse for sale earning 6 Figures in Gwinnett

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Business Description

This steakhouse for sale is what you have been waiting for!

There are tons of Italian, Chinese, Sub, Fast Casual, American, Sports Bars and other "highly saturated" cuisines and concepts in Gwinnett County, Georgia and the surrounding areas. However, there are only a handful of Brazilian Steakhouses catering to the area's residents and businesses looking for a higher end, but affordable, dining experience. This steakhouse for sale is what you have been waiting for!
This profitable Brazilian Steakhouse for sale offered by We Sell Restaurants is getting rave reviews with SEVEN FIGURE annual sales and Owner Discretionary Earnings of over $140,000. Due to health reasons the owner is forced to sell and would even consider seller financing with 60% down for a well-qualified buyer.
The steakhouse for sale is in Gwinnett County Georgia approximately 40 minutes north of DT Atlanta. The location has terrific access from major roads and the interstate making it the ideal destination for a nice dinner, business lunch, or special occasions. Built new only two years ago, the owner spent upwards of $1 Million to build out and equip this beautiful state-of-the-art restaurant. This amazing high traffic location is over 4200 square feet, seats 110 inside and 40 outsides. The rent, whether you look at it as a percent of sales or cost per square foot is an affordable $11,700 per month including your CAMS. The lease, including options to renew, has over 15 years remaining guaranteeing years of continued success.
The steakhouse for sale is always busy! The menu is what you would expect from a traditional Brazilian Steakhouse. There is an amazing hot and cold salad bar and once your guests are ready, gauchos bring, nonstop, some of the most tender and best cuts of beef, chicken and pork to your table. There's also a full bar. The operation is truly turn-key. Due to illness, he needs to sell and is willing to consider seller financing for a well-qualified buyer.
So don't miss out on this steakhouse for sale. Opportunities like these are few and far between. A much more cost-efficient way to acquire a successful and profitable restaurant than building it out from scratch. The hard work is done. The sales and income are there. All that's missing is you!

Detailed Information

Location:
Gwinnett County, GA
Real Estate:
Leased
Building SF:
4,271
Lease Expiration:
1/31/2024
Employees:
22
Facilities:
CCTV Surveilance System 6 HD cameras 30 Tables 2 Benches 1 Wine Cabinet 30 Bases for Tables Entrance Furniture Single Colonial Booth Desk for Water and Tea Long Table Bathroom formica Brazilian BBQ Gas Grill Misc Skewers Gauchos Knife Chaira Sharpener Wood Racket Holder for Skewer Tongs Misc Knives Underbar Sink Unit Back Bar cabinet refrigerated Hand Sink Ice Bin Underbar Ice Chest Underbar Glass Storage Unit Hand Sink wall mount 48 inch range Star Max Heavy Duty Griddle Charbroiler gas countertop equipment stand refrigerated base fryer convection oven hood heat lamp serving counter cold pan plate and dish dispenser prep sink misc chairs misc bar stools Tables Benches Booths POS System smallwares cold food well unit
Competition:
limited number of restaurants with concept special occasions
Growth & Expansion:
corporate and special events catering
Support & Training:
4 weeks trainimg 2 weeks managers 2 weeks owner
Reason for Selling:
Other
Business Website:
http://www.wesellrestaurants.com
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Contact the Seller

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Steve Weinbaum

Business Listed By:
Steve Weinbaum

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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