Historic Downtown Duluth Restaurant & Bar for Sale
Historic Downtown Duluth Restaurant & Bar for Sale
Price: $145,000
Location: Gwinnett
Industry: Food Services and Drinking Places (NAICS 722)
Listing ID: 3013
Historic Downtown Duluth Restaurant & Bar for Sale.
Hottest Location with Stunning Outdoor Courtyard.
Fully Equipped Turnkey for Any Concept or keep as-is.
2,500/sf.
Seating for 65 in the dining room.
Outdoor patio seats 40.
Bar seats 10.
Full kitchen.
Full pouring license.
Monthly rent is $5,200, all in.
2019 Gross Sales exceed $500,000.
Net profit $96,000.
Great support and free training included in the sale.
Priced at $145,000 with Owner financing options.
Well established.
Steps to Village Green in Historic Downtown Duluth steps away from Duluth High School, Retail Businesses, Office, Courthouse and thousands of middle to high-income residences in addition to 300 new homes recently built.
Gross Revenue: $500,000
Cash flow: $96,000
FFE Included: Yes
Reason For Sale:
Other business interests.
Training & Support:
Great support and free training included in the sale.
Year Established: Ask broker.
Days & Hours of Operation: Ask broker.
Owner Hours Per Week: Ask broker.
Non-Owner Payroll: Ask broker.
Employees: Ask broker.
Managers: Ask broker.
Monthly Rent: $5,200
Type of Location: Downtown Square
Square Footage: 2,500
Facilities Information:
Steps to Village Green in Historic Downtown Duluth steps away from Duluth High School, Retail Businesses, Office, Courthouse and thousands of middle to high-income residences in addition to 300 new homes recently built.
2,500/sf.
Seating for 65 in the dining room.
Outdoor patio seats 40.
Bar seats 10.
Full kitchen.
Full pouring license.
Monthly rent is $5,200, all in.
Historical Summary:
Ask broker.
Owner Qualifications:
Ask broker.
Competition:
Ask broker.
Potential Growth:
Ask broker.
Financing/Terms:
Yes, ask broker for details.