Restaurant For Sale Earns SIX FIGURES in Floyd County Georgia

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Asking Price:
$200,000

Gross Revenue:
$698,839
Cash Flow:
$88,877
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Priced to Sell! Highly successful and profitable restaurant for sale located in Northwest Georgia. Conveniently located close to Cartersville, Adairsville and surrounding cities. Annual sales of over $700,000. Owner benefit of around $90,000. Amazing reputation and reviews. Great books and records, and a attractive lease rate makes this a home run!

Located a little over an hour northwest of Atlanta, this profitable restaurant for sale presented by the Restaurant Brokers is a rare find. Sales are averaging $60,000 per month, and that's with the business operating just six days per week. With a great lease rate and efficient operations in place, the owner pockets around $90,000 every year with opportunity for growth. He has has kept accurate books and records on this restaurant for sale to validate sales and expenses.

The restaurant for sale is over 2,500 square feet and can seat over 100 with room to expand. Adding additional seating for special events is an untapped opportunity to increase revenue as well as opening the seventh day of the week. Although the owner is there full time, the kitchen is fully staffed making this a great choice of a potential absentee owner or someone with restaurant management background.

The food and service in this profitable restaurant for sale have earned fantastic reviews from patrons. All it needs now is a new owner to carry on the tradition while taking revenue and profits to the next level.

The owners wish to limit the number of people who know their restaurant is for sale, so in addition to signing our online confidentiality agreement, proof of funds of $75,000 or more will be required prior to revealing the name and address.

About the Business

Year Established:
2015
Number of Employees:
8 FT 8 PT
Real Estate:
Leased
Building Sq. Ft.:
2,500
Lease Amount/Mo.:
$4,600.00
Lease Expiration:
12/1/2020
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Historic sites, recreational facilities, other dining establishments
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About the Sale

Reason For Selling:
Retirement
Training/Support:
yes
Seller Financing:
upstairs 3000sqft to be converted

Listing Info

ID:
1449847
Ad Detail Views:
505

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Business Listed by

Cyndi Weinbaum

We Sell Restaurants
License# GA SL278741

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# GA H49152

U.S. Census Data for Floyd County, GA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Floyd County, GA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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