Upscale Bar Restaurant
Location Georgia,United States
Asking Price Range < $250K
Gross Revenues $800000
Net Profit / Cash Flow $200000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2011
Number of Employees 10 - 19
Inventory 259000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Motivated Seller will train as needed.
Reason for Sale Major partnership dispute.
Description 6,500 square foot freestanding Gwinnett County profitable restaurant and bar in an optimal location just steps away from a major highway and near shopping, businesses, apartments, and homes. This is a must see with a separate game room, bar, and dining room also with indoor and outdoor patios with a second bar. The building is equipped with three 100 + inch projection screens and 35 other flat screen TVs! Fully equipped turnkey business is running with absentee owners of a successful restaurant group who are selling only because of a partnership dispute and sacrificing their initial investment and hard work. American food concept with themed nights already in place. Listed at only $199,000 - this is a steal after the recent $500,000.00 + renovation including all brand new equipment! Website, camera system, and POS system that can be viewed from your phone or computer is included. Rent is set below market rate for this incredible space with a four year lease plus two five year options remaining. The business is listed for sale confidentially meaning that the staff does not know it is for sale.
Contact: Katie Arlt
Restaurant Broker Consultant
with ''Just Restaurants''
678 760 2666
Click Here To Contact Seller
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