Owner Financing is Available!
Business Overview:
This tavern restaurant bar and grill is located within the Alpharetta, Cumming area within South Forsyth County. Awesome location in a very successful anchored shopping center. Great end cap space. Center is situated on a very high trafficked road with high density middle income families. Strong lunch business. Well established for many years and neighborhood favorite. Sales have reached $800,000 but have dipped in 2011 to $40,000 per month due to absentee owner living an hour away and not “hands on”. Super potential exists to dramatically increase sales and profit with hands-on owner operator. Full staff in place makes for easy transition. Priced at $99,000 OBO with Owner financing options available.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,800 sq. ft. Seating for 125 with full service bar and outdoor dining. Three years remain on very favorable lease at $7,201.41 per month includes all extras with two five year options to renew.
Awesome location in a very successful anchored shopping center. Great end cap space. Center is situated on a very high trafficked road with high density middle income families. Fully equipped kitchen can handle any volume with ease.
Market Competition and Expansion:
Super potential exists to dramatically increase sales and profit with hands-on owner operator. Full staff in place makes for easy transition.
Reason for Selling:
Absentee owner.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: