Established and Profitable Restaurant and Bar

Not Disclosed, GA
Pickens County


Asking Price: Annual Revenue:
$1,287,300 $2,261,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Established and Profitable Restaurant and Bar Broker: Pedro Ferreira

Quick Facts

Asking Price: $1,287,300
Annual Revenue: $2,261,000
Net Profit: Not Disclosed
Cash Flow: $429,100
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 40
BBN Listing #: 918346339
Broker Reference #: 80521-600263

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Business Overview:

Established over 30 years ago, this brand continues to boom serving music, food, and drinks 7 days a week.

70% of Gross Sales Revenue is Food, and 30% is Drinks
Besides this the restaurant does charge admission for music events.

All of this is done with a stellar staff of 40 employees-- many of them have been with the business for over 8 years.
1 Kitchen Manager
1 Bar Manager
1 Floor Manager

The location is premium with thousands of cars driving past it everyday. 60% of business is out of town, 40% is local.
The restaurant has been in this location for 10 years now. It is a fully equipped restaurant/bar/music venue with a capacity to seat 250 people inside and 50 people outside. Besides kitchen and bar equipment, this sale includes over $60,000 in sound equipment for the live performances.

Business is still booming even during the COVID crisis.
Call today for more info
Established over 35 years ago. Been in this location for 10 years+

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Reason for Selling:

Retiring

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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