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Money Making Local Favorite Nighttime Bar/Lounge in Lagrange, GA
$168,000Cash Flow: $150,000
Money Making Local Favorite Nighttime Bar/Lounge in Lagrange, GA

Lagrange, GA

Business Description This bar/lounge has developed into a local favorite nighttime establishment in prominent downtown Lagrange. Being sold with all tenant improvements, furniture, fixtures and equipment. Very good gross and net. Awaiting a new owner to make a GOOD living. In addition to the bar and lounge, there is a full size kitchen with hood system, grease trap, flat grill, open flame grill, fryers and much more, current owner does not operate the kitchen but instead, they lease it to an individual who operate it and pay them rent, new owner can take the kitchen operation and expand the menu. The bar hosts college social events twice a month (weekdays) when the school is open, little marketing from a new owner to other colleges and companies can secure more private events thus more revenues and profits. Current owner and his wife operate the business, they are open 5 days a week from 6PM to 1AM and there is a great opportunity to make more sales and profit by opening 7 days a week and maybe offering lunch. Lagrange is growing city, new water park is almost finish, new tire distributor is under construction 20000 employee will be working in this new company and this is in addition to Kia plant. Some of the expenses for last 12 months are as follows: Gross Sales: $336,000 COCG (30%) $100,800 Rent: $19,200 Sales Tax: $16,800 Business Insurance: $4,800 Phone/Internet: $1,800 Liquor license: $2,409

Checkers Drive-Thru in Georgia
$199,000Cash Flow: $82,259
Checkers Drive-Thru in Georgia

Troup County, GA

This established Checkers restaurant is freestanding with drive-thru. Currently absentee run, room for improvement with Owner-operator. Located in a city center, about an hour outside of Atlanta with great street visibility with easy ingress and egress to restaurant. Checkers & Rally's is an industry leader with over 30 years of experience and more than 870 restaurants. Our guests love our bold flavored and seared burgers, indulgent milkshakes, and Famous Seasoned Fries. Founded in 1986, Checker's merged with Rally's in 1999 to become the largest double drive-thru chain in the US. Franchisor requires a minimum of $750k net worth with at least $250k liquid assets. Sales have been interrupted due to street closures related to construction across the street as new hotel is being built. Store is absentee run, huge potential for improvement with owner-operator.


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