Profitable Turnkey Restaurant & Bar for Sale

Gwinnett County, GA

Seller Financing Available

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Asking Price:$795,000
Gross Revenue:$2,000,000
Rent:$8,150/Month
Established Year:1993
Cash Flow:$245,000
Inventory:$50,000
FF&E:$305,000
BUSINESS DESCRIPTION

Full service casual restaurant/bar in high visibility location

Established profitable restaurant and bar available to purchase. Keep or convert to your concept. The owner has made his fortune over several decades of operating, and is preparing to step back and enjoy the fruits of his labor in retirement! Owner takes home $225k + annually after all expenses.

This establishment is a neighborhood darling and customer magnet, strategically located in a high-visibility area. The fully equipped kitchen, bar, dining areas, and private dining space provide a versatile platform for your business vision. Ample on-site parking and a spacious outdoor patio add to its appeal.

This is a turnkey opportunity with all FF&E included, generating over $2,000,000 in annualized gross sales. Experienced staff and management are in place.

This is an open and operating business, please do not ask or discuss this sale with the staff.

A signed confidentiality agreement, proof of funds, and operating history will be required for details.

Lease assumption/assignment with option to extend through 2033.
Experienced operators only.

Gross Annual Revenue $2,000,000
FF&E $305,000
Rent and Operating Expenses $8,150/month
Approx. Square Footage 6,400
Parking Spaces 100+


DETAILED INFORMATION
Location
Gwinnett County, GA
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,400
Lease Expiration
01/02/2028
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Full FF&E list and lease document available upon signing of Confidentiality Agreement Monthly lease cost: $6,500 base rent and $1,650 CAM and OpEx including trash and water/sewer
Financing
Some seller financing available for well qualified buyers
Support & Training
Owner will assist with training during 30 day transition peroid
Reason for Selling
Owner is retiring
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Steve Wohl
Steve Wohl