Buffet Style Restaurant for Sale is Profitable

Lawrenceville, GA
Gwinnett County

Asking Price: Annual Revenue:
$79,900 $401,694

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Buffet Style Restaurant for Sale is Profitable Broker: Steve Weinbaum
License #: 365512, SL 3406248

Quick Facts

Asking Price: $79,900
Annual Revenue: $401,694
Net Profit: Not Disclosed
Cash Flow: $66,807
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 10
BBN Listing #: 4148096
Broker Reference #: 7074

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Business Overview:

Profitable Restaurant for Sale in Gwinnett County is a Buffet Style concept. Open and Operating in the same location for over 10 years. Annual Sales of $400,000. Owner Earnings averaging $5,000 to $6,000 per month.

This restaurant for sale features a NNN Lease rate of $4,375 Per Month for 5,000 Square Feet or only $10.50 per square foot. All Priced for a quick sale at under $100,000 with earnings on the books of more than $65,000.

Two key elements in buying a business like this one offered by We Sell Restaurants are the longevity of the operation and good lease terms. This profitable buffet style restaurant for sale located in Gwinnett County has these....and more. The business has been operating over a decade and has a menu consisting of simple and profitable food items including all the local favorites like Fried Chicken, Meatloaf, Vegetables, Catfish, BBQ Ribs and other great traditional items that have kept customers coming back for years.

Lots of growth and opportunity are nearby this restaurant for sale. A huge new apartment complex is under construction and close to completion which will bring even more hungry consumers to the immediate area.

Very reasonable rent for this restaurant for sale location seating over 150 guests along with ample room for the buffet servers and fully equipped kitchen. There is a walk-in cooler, walk-in freezer, three buffet bars, grill, oven, stove, prep areas, point of sale and security systems...everything a new owner-operator would need for a smooth turn-key ownership transition.

The restaurant for sale is located approximately 30 miles northeast of downtown Atlanta in an area with a population of close to 30,000. The area has a nice combination of single-family homes, apartments, and businesses making it a perfect area for a buffet style concept where quality and value are important.

The owner will provide two full weeks of transition training ensuring the new owner's continued success. This profitable restaurant for sale is being offered below market value at under $100,000 for a quick sale. Don't miss out on this opportunity to take over this existing location and realize your dream of being your own boss.

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Property Features and Assets:

Table 42 chair 160 Beverage cooler 1 walk in cooler 2 walk in freezer 1 buffet bar 2 portable buffet 1 sink 4 grill about 2 feet 1 stove 1 oven 1 stainless table 4 food warmer 2 security and door chime alarm 1 set cctv 4 cam and 1 monitor 1 set wall decorations AC 3 units wheeled stainless steel cooler 1 tray truck 1 gas fryer 3 ice machine 1 cart 3 coffee maker 1 fountain drink machine 1 bunn tea machine 1 scale cap 66LB 1 SQUARE POS system 1 high chair and boosters shelves Sony Dolby Digital Receiver 1 speaker 6 Chest Freezer 1 Heavy duty food machine 1 Heavy duty food processor 1 Bowl Cutter 1

Market Competition and Expansion:

Located in Gwinnett County which is a diverse and is one of the fastest growing counties in Georgia.

Reason for Selling:

New Career

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.

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