Keep or Convert this Established Restaurant

Peachtree Corners, GA
Gwinnett County

Asking Price: Annual Revenue:
$80,000 $683,457

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Keep or Convert this Established Restaurant Broker: Steve Weinbaum
License #: 365512

Quick Facts

Asking Price: $80,000
Annual Revenue: $683,457
Net Profit: Not Disclosed
Cash Flow: $169,645
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 8
BBN Listing #: 63418096
Broker Reference #: 6713

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Business Overview:

Keep the Current Concept or Convert. Buy This Fully Built out and Operating Chinese and Thai Restaurant for Sale in Gwinnett, County Georgia. Located on a major road in the same strip center for more than 20 years, this Restaurant is ready for a new owner. Continue with the current cuisine or convert to your own concept. Fully furnished and equipped. Brought to you by We Sell Restaurants, this Thai Restaurant for Sale features a 3000 square foot space that seats well over 100! The kitchen is a good size and well equipped with a six burner gas stove, grill, fryers, steamers, refrigerated prep tables and much more. There is a large walk-in cooler and freezer for plenty of storage. The dining room contains booths, tables, and chairs that can accommodate over 100 guests. Rent is around $7,000 per month and includes CAMS and Water. There are five years remaining on the lease ensuring the new owner years of continued prosperity and success. The Landlord is very easy to work with, according to the current tenant and would work with a new owner on extending the lease . The Owner can share point of sale reports and financial documents to convey the six figure earnings potential for the next owner operator. The location could not be any better, situated in a strip center on a major road with easy access and plenty of parking. The surrounding area has over 17,000 homes with a population of 43,000. The median age is only 36 years old with high discretionary household earnings of over $94,000. This translates to folks with busy lives and high disposable income...perfect for a restaurant location like this. Additionally, this restaurant is situated very close to a large office park, perfect for driving lunchtime and delivery revenue. Longevity is important when valuing and considering a restaurant. This Restaurant for sale has been open and operating for over 20 years! The owner has decided to sell to pursue other career options. The cost to build out a similar restaurant from scratch can easy cost well into the six figures. Here's an opportunity to purchase a fully equipped and furnished site for under $100,000. Call today to learn more...

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Property Features and Assets:

All Booths All Tables All Chairs for 104 Customers All Decor 6 Burner Gas Stove Gas Grill 2 Rice Warmers Rice Cooker 2 Fryers 3 Refrigerated Prep Tables Meat Slicer Meat Grinder Soda Dispenser Beverage Cooler Storage Racks 2 Refrigerators Point of Sale System Security System with Cameras All Cookware All Smallwares All Serveware

Market Competition and Expansion:

Open and Operating for 23 Years Located on Major Road Densely Populated area - residential and business.

Reason for Selling:

New Career.

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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