Seller's Contact Information
- RE: Seafood & Wings Restaurant For Sale – Open 9-Years
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
Asking Price: | $399,000 | |
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: | 2014 | |
Employees: | Not Disclosed | |
BBN Listing #: | 280229193 | |
Broker Reference #: | 5074 |
Business Overview:
Conyers GA Seafood & Wings Restaurant for Sale – Open 9-Years – Easy to Operate – Closed Sunday – High Traffic High Visibility Location – $20K Monthly Net
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Conyers GA Seafood & Wings Restaurant for Sale.
Grub Shack is located at 1180 West Ave SW A, Conyers, GA 30012.
2,200/SF.
Rent is $3.200 All-IN.
Five year lease with a 5-year option to renew.
Established 2014.
2021 Gross Sales $600,000.
2021 Net Profit $144,000 including Owners Salary.
2022 Gross Sales and Net Income is tracking higher than in 2022.
2023 Gross sales $75,000-$80,000 per month.
2023 Net Profit $20,000 monthly,
Sales and Profit numbers have increased in 2023 because of brand new remodel of shopping center in December 2022.
Open Monday to Saturday.
Adding Sunday shifts can dramatically increase revenues.
High Traffic High Visibility Location.
Right off Hwy-20.
Priced way below market at $399,000 with some Owner financing.
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Property Features and Assets:
High Traffic High Visibility Location. Right off Hwy-20. 2,200/SF. Rent is $3,200 All-IN. Five year lease with a 5-year option to renew.
Market Competition and Expansion:
Open Monday to Saturday. Adding Sunday shifts can dramatically increase revenues.
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 homebased business opportunity.
- This is not a franchise resale opportunity
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