Shuckin’ Shack Oyster Bar Cumming GA Restaurant & Bar for Sale

Cumming, GA

Seller Financing Available

listing image
Asking Price:$499,000
Rent:$7,000/Month
Gross Revenue:$1,100,000
Established Year:2019
BUSINESS DESCRIPTION

Shuckin’ Shack Oyster Bar Cumming GA National Franchise Restaurant & Bar for Sale – Profitable – Owner Financing
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)

Shuckin’ Shack Oyster Bar Cumming GA National Franchise Restaurant & Bar for Sale
Located in The Shoppes at Brannon Crossing
Very strong office market with over 156,700 daytime population in 5 miles.

3,000/SF.
750/SF.
Seating for 60.
Bar seats 13.
The Outdoor Patio seats 45.
Monthly rent is $7,000 ALL-In.
5-Year Lease.
10-Year Option to Renew.

2023 Gross Sales $1,100,000.
2023 Net Profit approximately $100,000.
2024 Sales are up to almost 25% higher than the previous year.

Owner is hands-on.
Great Staff of approximately 20 plus a Manager is in place makes for a flawless transition.

Opened June 2019.
Seller spent approximately $600,000 to open doors.

Franchise Royalties 5%.
Franchise Transfer Fee is $5,000.
Fully Equipped.
This Offering is for acquisition of Franchise and cannot be converted to a different concept.

Priced at $499,000 with some Owner Financing Options available.


DETAILED INFORMATION
Location
Cumming, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Facilities
Brannon Crossing is a Specialty Retail Project located in Cumming, Georgia along Peachtree Parkway near Georgia 400. The Collection at Forsyth, a 565,075 mixed-use lifestyle project, is located across the street. And Northside Hospital – Forsyth is located minutes north along Ronald Reagan Boulevard. 3,000/SF. 750/SF. Seating for 60. Bar seats 13. The Outdoor Patio seats 45. Monthly rent is $7,000 ALL-In. 5-Year Lease. 10-Year Option to Renew.
Competition
Ask broker for details.
Growth & Expansion
This Offering is for acquisition of Franchise and cannot be converted to a different concept.
Financing
Ask broker for details.
Support & Training
Ask broker for details.
Reason for Selling
Other business interests.
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Steven
L. Josovitz
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Steven L. Josovitz