Norcross GA Mexican Restaurant & Bar - Nets $217k

Norcross, GA
Gwinnett County

Atlanta Metro East


Asking Price: Annual Revenue:
$225,000 $639,348

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Norcross GA Mexican Restaurant & Bar - Nets $217k Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!
Some

Quick Facts

Asking Price: $225,000
Annual Revenue: $639,348
Net Profit: Not Disclosed
Cash Flow: $217,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 116529193
Broker Reference #: 4065

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Business Overview:

Norcross GA Mexican Restaurant & Bar for Sale – 2021 Net Profit $217,000 – Well Established – Easy to Run – Full Staff – Anchored Location – Low Rent – Attractive Pricing.

Norcross GA Mexican Restaurant & Bar.

3,000/SF.
Seating for 110.
Bar seats 15.

$4,300 monthly rent, all in.
Term remains on lease with option to renew.

Owner works 4-hours a day for 5-6 days.
Staff is all hourly except Kitchen Manager at $50,000 annually.

2021 Gross Sales $639,348.
2021 Net Profit $217,000.

Books and records available.

Well Established with same Owner for 10-years.

Nationally anchored location.

Easy to Run.

Full Staff.

Low Rent.

Attractive Below Market Pricing.

$225,000 with some Owner financing.

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Property Features and Assets:

Nationally anchored location. Easy to Run. Full Staff. Low Rent. 3,000/SF. Seating for 110. Bar seats 15. $4,300 monthly rent, all in. Term remains on lease with option to renew. Owner works 4-hours a day for 5-6 days. Staff is all hourly except Kitchen Manager at $50,000 annually.

Market Competition and Expansion:

Ask broker for details.

Reason for Selling:

Other business interests.

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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