Profitable Restaurant and Pub for Sale in Cherokee

Canton, GA
Cherokee County


Asking Price: Annual Revenue:
$475,000 $1,475,351

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Restaurant and Pub for Sale in Cherokee Broker: Steve Weinbaum

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,475,351
Net Profit: Not Disclosed
Cash Flow: $191,190
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 37
BBN Listing #: 40498096
Broker Reference #: 7549

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Business Overview:

Great Opportunity for an Owner Operator to acquire this popular and profitable restaurant and pub for sale, conveniently located in Cherokee County Georgia. Annual Sales of around $1.5 Million generating owner earnings of $191,000 plus a terrific long term lease in place make this ideal for smooth and profitable transition. Open and operating for five years with verifiable books and records should qualify this location SBA backed financing with as little as 20% down.

Established in 2015, this profitable restaurant and pub for sale has been serving the residents and businesses of Cherokee county for years. 2019 sales were just under $1.5 Million providing the owner-operator with a comfortable earnings of $191,000. The menu has many of the traditional items such as Wings, Burgers, salads, and steaks but adds another level of culinary delights like fried green tomatoes, shrimp, fish, and pasta dishes. Based on their 4-star rating and rave customer reviews, the menu is a hit. Add a full bar and live entertainment and you have a true local destination.

The location itself is over 6,000 square feet at a very reasonable rent of $8,375 per month that includes the CAMS. That comes out to a low $16.50 per square foot and less than 7% of net sales adding to the great profit margins. This location of this profitable restaurant and pub for sale can accommodate well over 200 guests inside and out. In addition to the main restaurant there's an inviting outdoor covered patio area and inside private special events area.

This area of Cherokee boasts plenty of residential neighborhoods with higher than average disposable income. One third with children. Having a local restaurant and pub providing consistent good food, service and value that is family friendly keeps this profitable location busy. Contact your Restaurant Broker today at We Sell Restaurants to learn more about this profitable turn-key opportunity. Interested Buyers of this restaurant and pub for sale will be asked to provide $150,000 in verifiable proof of funds to learn the identity of this restaurant and view 2019 financial information.

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Property Features and Assets:

8 ft prep table Double Door Refrigerator 2 Table Top Steam Well 1 7ft ss dish shelves 1 6 ft dish ss table 4 6ft Metro Rack 1 6ft double sink 1 72 sandwich prep cooler 1 36 foot Contented Double Door Refrigerator 1 50 foot 8 eye vulcan range with oven 1 40 pound pitch fryer 3 36 foot imperial salamander 1 convection oven silver star 1 6 eye range with oven Royal 1 4ft sandwich prep table 2 36 inch radian flat top grill 1 4 drawer low boy fridge 18 42 inch LG tvs 2 7foot leather couches 3 grey wing back chairs 5 black leather chairs 6 post ouch pos station 1 office pc 1 laptop pots and pans all glassware all silverware 1 misc kitchen cambers 2 6 ft ss tables 2 36 inch husky tol chests trash cans 5 chafing dishes 1 72 ft pizza prep table 3 dean 60lb fryers 1 clap single door autshoam 2 bakers racks 1 Hoshzaki Ice machine 1 Folett ice bin 1 8ft prep table 1 3 ft metro rack 1 robo coupe 1 Scotsman Ice Machine 1 Six Gun Coke dispenser 1 Tea Machine 1 37 inch glass beer fridge 1 64 ft true bottle cooler 3 90 inch three door bottle true 1 3 well bar sink 1 59 inch glass beer cooler 3 coke bar guns with ice wells and plates 1 turbo air bottle cooler 1 30ft white freezer 1 double door stand up freezer 2 vizio 48 inch tvs 1 custom made 13 foot long family table 3 2 top tables with bases 14 4 top tables 12 booth tables 1 marble 2 top table 40 bar stools chairs 2 small date tables 3 coffee tables 3 nation couches 6 patio arm chairs 4 patio rocking chairs 11 4 top patio tables 6 patio bar stools 3 high top patio tables 4 picnic tables

Market Competition and Expansion:

Already have many Wedding rehearsals and graduations on the book for 2020,Turnkey business.

Reason for Selling:

Other

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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