Roswell GA Upscale Casual American Restaurant & Bar for Sale – Est. 30-Years – Fully Staffed – $2M Sales w/$382,000 Net Profit – SBA Friendly w/Great Books & Tax Returns to Prove – Owner Financing Available
Roswell GA Upscale Casual American Restaurant & Bar for Sale – Est. 30-Years – Fully Staffed – $2M Sales w/$382,000 Net Profit – SBA Friendly w/Great Books & Tax Returns to Prove – Owner Financing Available
Price: $975,000
Location: Fulton
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 5008
Roswell GA Upscale Casual American Restaurant & Bar for Sale.
Est. 30-Years.
Long-tenured and loyal staff in place guarantees zero hiccups.
$2,000,000 Gross Sales.
$382,000 Net Profit after paying all expenses.
SBA Friendly w/Great Books & Tax Returns to Prove.
Owner Financing Options Available.
High-income demographic.
High-density area.
High-traffic.
Extensive Owner training and support.
5,500/SF.
Seating for 200.
Bar and Lounge seats 60.
Long-term lease in place with current expiration of 3/31/2024 with one 5-year option to renew.
The lease is triple net with an all-in monthly cost of $14,500 in 2022 including property tax and common area maintenance and insurance.
Landlord is agreeable to extending the Buyer longer term.
60,000 daily car count from GA Department of Transportation.
Made from scratch kitchen ensures a top-quality product.
Reviews and Health Reports are the best in class.
Super popular with incredible repeat business.
Investments were made in both FOH and BOH to upgrade the ambiance and equipment. $100,000 was reinvested in the business recently.
$975,000 with Owner financing options.
Gross Revenue: $2,000,000
Cash flow: $382,000
Reason For Sale:
Other business interests.
Training & Support:
Extensive Owner training and support.
Year Established: 1992
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: 14500
Type of Location: Ask broker
Square Footage: 5500
Facilities Information:
High-income demographic.
High-density area.
High-traffic.
5,500/SF.
Seating for 200.
Bar and Lounge seats 60.
Long-term lease in place with current expiration of 3/31/2024 with one 5-year option to renew.
The lease is triple net with an all-in monthly cost of $14,500 in 2022 including property tax and common area maintenance and insurance.
Landlord is agreeable to extending the Buyer longer term.
Competition:
Ask broker.
Potential Growth:
Ask broker.
Financing/Terms:
Yes, ask broker for details.