Business Overview:
There are tons of Italian, Chinese, Sub, Fast Casual, American, Sports Bars and other "highly saturated" cuisines and concepts in Gwinnett County, Georgia and the surrounding areas. However, there are only a handful of High End Steakhouses catering to the area's residents and businesses looking for a more elegant, but affordable, dining experience. This steakhouse for sale is what you have been waiting for!
This Steakhouse for sale offered by We Sell Restaurants is getting rave reviews with SEVEN FIGURE annual sales in 2019 generating six figure Owner Discretionary Earnings. It is located approximately 40 minutes north of DT Atlanta conveniently just off of I-85.. The location has terrific access from major roads and making it the ideal destination for a nice dinner, business lunch, or special occasions. Built new less than four years ago, the owner spent upwards of $1 Million to build out and equip this beautiful state-of-the-art restaurant. This amazing high traffic location is over 4,200 square feet, seats 110 inside and 40 outsides. The rent, whether you look at it as a percent of sales or cost per square foot is an affordable $11,700 per month including your CAMS. The lease, including options to renew, has over 13 years remaining guaranteeing years of continued success.
The steakhouse for sale is always busy! The menu is what you would expect from a traditional Brazilian Steakhouse. The operation is truly turn-key. Due to Covid-19, 2020 revenue was down temporarily resulting in a $200,000 price reduction for a quick sale. Keep or convert. The build out, decor, and location is perfect for so many different concepts.
So don't miss out on this steakhouse for sale. Opportunities like these are few and far between. A much more cost-efficient way to acquire an open and operating restaurant than building it out from scratch. The hard work is done. The customer are there. All that's missing is you!
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Property Features and Assets:
CCTV Surveilance System
6 HD cameras
30 Tables
2 Benches
1 Wine Cabinet
30 Bases for Tables
Entrance Furniture
Single Colonial Booth
Desk for Water and Tea
Long Table
Bathroom formica
Brazilian BBQ Gas Grill
Misc Skewers, Gauchos Knife Chaira Sharpener
Wood Racket Holder for Skewer
Tongs
Misc Knives
Underbar Sink Unit
Back Bar cabinet refrigerated
Hand Sink
Ice Bin
Underbar Ice Chest
Underbar Glass Storage Unit
Hand Sink wall mount
48 inch range
Star Max Heavy Duty Griddle
Charbroiler gas countertop
equipment stand refrigerated base
fryer
convection oven
hood
heat lamp
serving counter cold pan
plate and dish dispenser
prep sink
misc chairs
misc bar stools
Tables
Benches
Booths
POS System
smallwares
cold food well unit
Market Competition and Expansion:
limited number of restaurants with concept
special occasions.
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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