Highly Profitable Restaurant for sale in Gwinnett

Peachtree Corners, GA
Gwinnett County


Asking Price: Annual Revenue:
$349,000 $766,741

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Highly Profitable Restaurant for sale in Gwinnett Broker: Steve Weinbaum
License #: 365512

Quick Facts

Asking Price: $349,000
Annual Revenue: $766,741
Net Profit: Not Disclosed
Cash Flow: $191,540
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 13
BBN Listing #: 75068096
Broker Reference #: 7293

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Business Overview:

Successful and Profitable Middle Eastern Restaurant for Sale located in Gwinnett County, Georgia. Annual Sales of $750,000 and Generating over $190,000 in Owner Earnings. This will Qualify for SBA Lending and Owner would consider Seller Financing for a Well Qualified Buyer.

This Restaurant for sale offered by We Sell Restaurants is a great location with a reasonable lease rate! You have an amazing Opportunity Priced to Sell at Less Than 2-Times Earnings. Open and Operating for Over Four Years, this Profitable Restaurant for sale has verifiable books and records showing Annual Sales of $766,741 and Generating $191,540 in Owner Earnings.

The financials on this Restaurant for sale could not be better. 2018 Tax return reflects sales of over $750,000 and net income of $145,000. When you add back owner's salary and depreciation you have total Owner Discretionary Earnings of $190,000 which should make this restaurant qualify for 3rd Party SBA lending. The location is ideal situated at the intersection of two high traffic roads near tons of households and businesses guaranteeing lots of repeat lunch and dinner customers. The restaurant for sale includes a back area kitchen and market area for selling prepared foods is 3200 square feet and can easily seat 60 inside with additional seating outside. The total rent is currently $4700 per month which comes to less than $18 per square foot and only 8% of sales contributing to great owner earnings.

The menu for this restaurant for sale is simple, traditional, and offers the region's most popular and delicious dishes such as Falafel, Kabobs, Salads, Lamb Shank, Wraps, and of course Baklava. Everything, including their own signature bread, is made fresh every day and receives rave reviews on all the social media sites.

The owner works this restaurant for sale full time along with a very experienced staff. He would provide ample training to help the next owner's continued success.

Gwinnett County has a very diverse population with higher than average median home prices and per capita incomes making it the ideal area for many diverse and ethnic restaurants to thrive. This profitable Persian restaurant has proven this for the last four years. Don't miss out.

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Property Features and Assets:

32 pound meat grounder under counter dish washer ice maker 2 two door standing cooler microwave 67 inch under counter freezer robot mixer 3 stock pot stove gas stove 6 eyes gas stove 4 eyes 2 fryers 2 36 inch grill shish kabob 48 inch pizza prep cooler 92 inch under counter cooler under counter merchandise cooler pos system 60 chairs 10 2 person tables 3 4 person tables 5 1 person table Super Market and Baker Equipment 3 two door standing coolers one door standing cooler two door standing freezer one door standing freezer display cooler pos system for supermarket doug mixer 40 lb oven to bake flatbread

Market Competition and Expansion:

Gwinnett County is an increasingly diverse and dynamic regional powerhouse that has long been a leader in population and jobs growth. Located in Gwinnett County, consistently one of the fastest growing counties in America for 20 years.

Reason for Selling:

Personal

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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