Restaurant and Bar in Cherokee County

Not Disclosed, GA
Cherokee County


Asking Price: Annual Revenue:
$390,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant and Bar in Cherokee County Broker: Steve Mastrangelo

Quick Facts

Asking Price: $390,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 633427983
Broker Reference #: Not Disclosed

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Business Overview:

This restaurant did almost $1.2 million last year. The small restaurant has been at this location for over 20 years. Approximately 90% of the customers are regulars. No marketing or advertisements have been done in years. The owner is absentee and pays the current manager $65,000 a year. An owner operator can increase sales plus replace the current manager after a few weeks. Selling at 2 1/2 times the net. Location also has a patio with a low rent of $5,000 which is currently at 5% of the gross. The location also has a patio with a low rent of $5,000 which is currently at 5% of the gross. Priced to sell at $390,000 with some financing to a qualified buyer.

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Additional Details:

  • The property is leased.
  • The owner is not 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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