Buford GA Mexican Restaurant & Bar for Sale w/Patio – Profitable – Nationally Anchored Center – Keep or Convert
Buford GA Mexican Restaurant & Bar for Sale w/Patio – Profitable – Nationally Anchored Center – Keep or Convert
Price: $295,000
Location: Gwinnett
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 6316
DESCRIPTION
Buford GA Mexican Restaurant & Bar for Sale w/Large Outdoor Patio
4,400/SF
Seating for 220.
Bar seats 16.
Outdoor Patio seats 60
Tons of Parking.
Owner spent $400,000 to open doors.
Monthly rent is $12,000 All-In.
Primary Lease has over 9-years remaining.
5-Year Option to Renew.
National Anchored Center.
2023 Gross Sales $1,200,000.
Profitable.
2024 numbers running close to previous year.
Well Established.
Staff in Place.
Keep or Convert.
LISTING DETAILS
Gross Revenue: $1,200,000
Cash flow: N/A
Reason For Sale:
Other business interests
Training & Support:
Full staff.
OPERATION
Days & Hours of Operation: Ask broker
Owner Hours Per Week: Ask broker
Non-Owner Payroll: Ask broker
Employees: Ask broker
Managers: Ask broker
LOCATION
Monthly Rent: 12000
Type of Location: Anchored center
Square Footage: 4400
Facilities Information:
4,400/SF
Seating for 220.
Bar seats 16.
Outdoor Patio seats 60
Tons of Parking.
Owner spent $400,000 to open doors.
Monthly rent is $12,000 All-In.
Primary Lease has over 9-years remaining.
5-Year Option to Renew.
National Anchored Center.
SUMMARY
Competition:
Ask broker
Potential Growth:
Keep or convert