Shuckin’ Shack Oyster Bar Cumming GA National Franchise Restaurant & Bar for Sale – Profitable – Owner Financing
Shuckin’ Shack Oyster Bar Cumming GA National Franchise Restaurant & Bar for Sale – Profitable – Owner Financing
Price: $499,000
Location: Forsyth
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 6283
(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.
Gross Revenue: $1,100,000
Cash flow: $100,000
Terms and Conditions?:
This Offering is for acquisition of Franchise and cannot be converted to a different concept.
Reason For Sale:
Other business interests
Training & Support:
Ask broker
Year Established: 2019
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: 700
Type of Location: Brannon Crossing is a Specialty Retail
Square Footage: 3000
Facilities Information:
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
Potential Growth:
Ask broker
Financing/Terms:
Yes