Business For Sale

Bar and Grill For Sale Nearby Kennesaw State

Kennesaw, GA
Cobb County


Asking Price: Annual Revenue:
$349,000 $1,820,211

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bar and Grill For Sale Nearby Kennesaw State Broker: Steve Weinbaum
Owner Financing is Available!
65% Down

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,820,211
Net Profit: Not Disclosed
Cash Flow: $140,647
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 48
BBN Listing #: 16818096
Broker Reference #: 6172

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Business Overview:

Profitable bar and grill for sale located in Kennesaw, Georgia netting six figures. Seller financing available for a well qualified buyer.

Local bar and grill for sale is a favorite that checks all the boxes: four star reputation, open over eight years, sales exceeding $1.8 million, owner benefit over $140,000, great lease rate and good books and records, all it needs is a new owner operator.

Kennesaw, Georgia is the ideal place to own a bar or restaurant. This profitable bar and grill for sale proves it. Open and operating successfully for over eight years, this amazing location draws from residents, businesses, and Kennesaw State University. Population, household income, and housing growth is all in the double digits with no signs of slowing down.

The bar and grill for sale offered by We Sell Restaurants is over 5,000 square feet and can seat over 200. The lease can be extended through 2024 providing a new owner plenty of opportunity to grow revenue and income while enjoying a lease rate, including all CAMS, of around $21 per square foot and less than 6% of net sales. This bar and grill for sale has a well-known reputation and feedback is terrific, scoring more than four stars on all the major social media websites.

There is something for everyone here. Nightly entertainment such as trivia, karaoke, live music, and even events and specials for kids draw a diverse crowd who come back again and again. Tons of beer on tap and plenty of big screen TVs make it the perfect destination to watch all your favorite sporting events. Whether you just want some award winning appetizers, a burger, salad, or full steak dinner, this neighborhood bar and grill for sale is the perfect place to go.

This bar and grill for sale is run mostly absentee. With sales of over $1.8 million and owner benefit of $140,000, it is perfect for either a new absentee owner or owner operator who can focus on driving revenue and cost controls easily growing top line cash flow over $200,000. This business has great books and records and should qualify for 3rd party lending, but the owner will consider some seller financing to a well qualified buyer.

Don't miss out on this opportunity to own a very successful and profitable bar and grill for sale priced to sell.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

4 Drawer under broiler cooler Ice Machine (Scotsman) Small Freezer Large Freezer Alto Shaw (Stand up) Stand up Freezer 4 Well heat table (with overshelf) Large freezer Walk in cooler (2) 48” coolers (sandwich) 72” sandwich cooler (with overshelf) Combo - 6 Burner / Flat top / Double oven / under broiler 36” Chargrille 36” Flat top (2) 40 # Fryers Stand up double door / cooler / freezer combo (2) Hot water heaters (3) Microwaves Bread oven (2 door) 3 compartment sink (Kitchen) Salad sink with shelf Mop sink (4) cutting boards 4) Glass racks 6) Dish racks Rolling stainless rack (19) - 46” Flat screen T.V. ‘ s 96” Keg Cooler (7 Kegs) 48” Glass Chiller 68” Keg cooler (5 Kegs) 48” Wine / Beer Cooler 68” Keg Cooler (4 Kegs) 96” Keg Cooler (7 Kegs) Walk in beer cooler (Kegs, etc) Pixel Point (Point of sale) system (1) Pixel point system includes: 4 Terminals 5 Printers (FOH) 2 Printers (BOH) (1) Brother JB700 Printer / Fax machine 6 High chairs 2 Booster seats 3) hand sinks 1 - Meat slicer Assorted Lids - 24 1/3 Pans - 18 1/6 Pans - 36 1/9 Pans - 24 Full Pans - 24 Pots - 8 Sautee Pans - 12 Baking Cart - 1 Rubber Maid cart - 1 Trash cans - 12 Guston’s seating inventory: 35 bar chair (seats 35) 8 tables in the private party room (seats 35) 13 Booths (seats 52) 10 Tables in the dining room (seats 40) 11 High tops (seats 44)

Market Competition and Expansion:

Nearby booming Kennesaw State University. Population, household income, and housing growth is all in the double digits with no signs of slowing down.

Reason for Selling:

Other

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.

Relevant Links:

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