Return to search results

Restaurant and Bar in Cherokee county

South East

Restaurant and Bar in Cherokee county
Contact Seller

Asking Price: $390,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Restaurant and Bar in Cherokee county

Save Print Share Valuation Report

Business Description

Restaurant and Bar in Cherokee county

This restaurant did almost $1.2 million last year. The small restaurant has been at this location for over 20 years. Approximately 90% of the customers are regulars. No marketing or advertisements have been done in years. The owner is absentee and pays the current manager $65,000 a year. An owner operator can increase sales plus replace the current manager after a few weeks. Selling at 2 1/2 times the net. Location also has a patio with a low rent of $5000 which is currently at 5% of the gross. The location also has a patio with a low rent of $5000 which is currently at 5% of the gross. Priced to sell at $390,000 with some financing to a qualified buyer.

Contact Seller

Contact the Seller

Contact Seller Loading

Steve Mastrangelo

Business Listed By:
Steve Mastrangelo

Georgia Restaurant Brokers

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1624695 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Squeeze In

Franchise Opportunity In AZ
Cash Required: 400000