Woodstock-Canton Restaurant & Bar-Nets $319,000

Woodstock, GA
Cherokee County


Asking Price: Annual Revenue:
$799,000 $1,917,395

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Woodstock-Canton Restaurant & Bar-Nets $319,000 Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!
Some

Quick Facts

Asking Price: $799,000
Annual Revenue: $1,917,395
Net Profit: Not Disclosed
Cash Flow: $319,054
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: 1999
Employees: Not Disclosed
BBN Listing #: 441429193
Broker Reference #: 2077

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Business Overview:

Woodstock-Canton GA Restaurant & Bar for Sale – Net Profit $319,000 – 7,000sf w/ 3-Acres – One Owner 20 Years – Clean Books w/Tax Returns.

Woodstock-Canton GA Area Freestanding Restaurant & Bar for Sale

Upscale Casual.

7,000 sf on 3-Acres

Tons of dedicated parking.

2018 Net Profit of $319,054.58.
2018 Gross Sales was $1,917,395.

2019 year to date numbers are up running up to 35% higher than 2018.

Solid books with Federal Tax Returns to prove.

Same Owner 20-Years.

Turnkey w/Great Support and Training by Owner who is also Landlord.

Long term lease at $20,000 monthly includes CAM.
Real Estate Taxes run $12,000 annually.

Seats 300-guests.
Stunning outdoor patio 100.
Bar seats 30.

Restaurant includes three private dining rooms that open to own outdoor courtyards.

Full front and back of the house staff makes for flawless transition.
Loyal staff has been with Owner up to 20-years.

Proven business but could be converted to other concept.

Priced at $799,000 with some Owner financing available.

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Property Features and Assets:

7,000 sf on 3-Acres Tons of dedicated parking. Seats 300-guests. Stunning outdoor patio 100. Bar seats 30. Restaurant includes three private dining rooms that open to own outdoor courtyards. Long term lease at $20,000 monthly includes CAM. Real Estate Taxes run $12,000 annually.

Market Competition and Expansion:

Ask business broker for details.

Reason for Selling:

Retiring.

Additional Details:

  • The property is owned.
  • 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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