Business For Sale

Earn High SIX FIGURES Owning this Cobb County GA

Not Disclosed, GA
Cobb County

Asking Price: Annual Revenue:
$479,000 $1,681,717

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Earn High SIX FIGURES Owning this Cobb County GA Broker: Steve Weinbaum
Owner Financing is Available!
60% down

Quick Facts

Asking Price: $479,000
Annual Revenue: $1,681,717
Net Profit: Not Disclosed
Cash Flow: $185,179
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 35
BBN Listing #: 53348096
Broker Reference #: 5735

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Business Overview:

Profitable Fine Dining and Special Events Restaurant for sale in Desirable Cobb County Georgia. Open and Operating for Over 10 Years! Annual Sales Approaching $2,000,000 with Yearly Owner Benefit of Close to $200,000. Should Qualify For SBA Lending.

After owning and operating the business for 10 years, the owner of this highly successful and well-known steakhouse restaurant for sale located in Cobb County, Georgia is ready to start a new career. This presents a rare opportunity for a new operator to step in and enjoy annual owner earnings of over $185,000! This successful restaurant for sale offered by the restaurant brokers is well known for great food, signature steaks, seafood, lively atmosphere, and is sought out for private parties and events as it features several private rooms. This restaurant for sale is beautiful and inviting inside and features a great bar as well as an open, fully equipped professional kitchen.

Here are just some of the highlights: Sales in 2017 topped $1.7 Million and Owner benefit was close to $200,000. Currently this restaurant for sale is only open for dinner six days per week plus brunch on the weekends. There is pent-up demand to extend lunch to all six days creating instant opportunity for a new owner to grow sales and revenue. The restaurant for sale is close to 7,000 square feet and seats over 180 guests comfortably, whether at their traditional dining room, one of their two great bar areas, or in the private special occasion areas. This restaurant for sale will cater events hosted in one of its private party rooms. Rent is an incredible $8,200 per month all in. The landlord is willing to work with a new owner on a lease of at least 10 years including initial term and options to extend on this restaurant for sale.

This is a Turn-Key Opportunity for a new owner-operator. Current Owner is present to ensure a smooth operation and high quality food and service.

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Property Features and Assets:

Tables Chairs Bar Stools for 180 Star 848MA Counter top Griddle Equipment stand with stem caster swivel Vulcan Gas double Fryer Dean Fryer 24" 4 burner gas range Alto Sham Combi Oven/Steamer w/ stand Garland 36" 6 burner gas range Garland Convection Oven Turbo stock Pot Range Prep Tables Shelving POS system Low Biys Cookware and Small wares Dinnerware and Serve ware

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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