Kennesaw GA Restaurant & Bar For Sale W/Patio
Kennesaw, GA Cobb County
Atlanta Metro West
Asking Price:
$395,000
Annual Revenue:
$1,187,190
Request More Information Contact the Seller
- RE: Kennesaw GA Restaurant & Bar For Sale W/Patio
- Contact: Steve Josovitz
- License #: 164878
Owner Financing is Available!
Some
Quick Facts
| Asking Price: | $395,000 | |
| Annual Revenue: | $1,187,190 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $266,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 11 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 728729193 | |
| Broker Reference #: | 6090 |
Business Overview:
Kennesaw GA Restaurant & Bar for Sale w/Patio – High Traffic Location – Absentee Owner – $226,000 Profit – Well Est – Clean Books
Kennesaw GA Restaurant & Bar for Sale w/Patio
Very high traffic with middle to high incomes.
Super 24/7 location but lunch is huge.
2022 Gross Sales $1,187,190.04
2022 Net Profit $226,000 included $80,000 salary to Operating Partner who is no longer present.
2023 will be approximately $150,000 to $200,000.
Operating Partner worked about 55 hours a week but recently relocated out of state. Operating Partner replaced with GM and KM.
GM is at an annual salary of $35,000.
The Kitchen Manager is at $50,000.
Full Staff of 10-12.
Beer and Wine.
Fully equipped.
2,800/sf.
Seats 78.
Bar seats ten.
Outdoor patio seats 30.
Well established.
Rent is $6,700, all in.
Several years left on the lease with a 5-year option.
Landlord on board to extend the lease.
One of the highest-rated restaurants in GA on Social Media.
Full support and training.
Keep or convert.
Priced at $395,000 with Owner financing options.
Kennesaw GA Restaurant & Bar for Sale w/Patio
Very high traffic with middle to high incomes.
Super 24/7 location but lunch is huge.
2022 Gross Sales $1,187,190.04
2022 Net Profit $226,000 included $80,000 salary to Operating Partner who is no longer present.
2023 will be approximately $150,000 to $200,000.
Operating Partner worked about 55 hours a week but recently relocated out of state. Operating Partner replaced with GM and KM.
GM is at an annual salary of $35,000.
The Kitchen Manager is at $50,000.
Full Staff of 10-12.
Beer and Wine.
Fully equipped.
2,800/sf.
Seats 78.
Bar seats ten.
Outdoor patio seats 30.
Well established.
Rent is $6,700, all in.
Several years left on the lease with a 5-year option.
Landlord on board to extend the lease.
One of the highest-rated restaurants in GA on Social Media.
Full support and training.
Keep or convert.
Priced at $395,000 with Owner financing options.
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:
Fully equipped. Beer and Wine. 2,800/sf. Seats 78. Bar seats ten. Outdoor patio seats 30. Rent is $6,700, all in. Several years left on the lease with a 5-year option. Landlord on board to extend the lease. One of the highest-rated restaurants in GA on Social Media.
Market Competition and Expansion:
Keep or convert.
Reason for Selling:
Relocation
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
