Business For Sale

Full Service Wing Cafe & Bar-Motivated Seller

Not Disclosed, GA


Asking Price: Annual Revenue:
$325,000 $686,720

Food & Beverage: Bars, Clubs, Nightspots


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RE: Full Service Wing Cafe & Bar-Motivated Seller Broker: Dennis Collier
Owner Financing is Available!
Lender pre-screened with $65,000 down.

Quick Facts

Asking Price: $325,000
Annual Revenue: $686,720
Net Profit: Not Disclosed
Cash Flow: $196,164
Total Debt: Not Disclosed
FF&E: $31,433
Real Estate: Not Disclosed
Year Established: 2001
Employees: 9
BBN Listing #: 98054955
Broker Reference #: 1106-14099

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Business Overview:

West Metro Atlanta Full service wing café with a Korean flair, attached to a full service bar. This very successful restaurant & bar has been operating out of the same location for more than 18 years. Located in a busy strip center that is situated on a corner lot with a traffic count of more than 50,000 vehicles a day. The business has 9 part-time employees with management in place, all employees are willing to stay with new owner. When have you seen a restaurant/bar with a net profit of 28%.
Business has been lender pre-qualified.

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Property Features and Assets:

4,800 square foot facility located in a busy strip center. 2,400 feet is dedicated for kitchen and a family friendly restaurant and 2,400 feet is dedicated for the bar/lounge area. The bar area is connected by way of a door way, that allows the bar area to be a smoking facility, that also contains a large stage area. Assets: $34,793

Market Competition and Expansion:

There are a few franchised wing restaurants in the area, but no independent wing cafes that have been in operation for as long (18 years). Currently there is not a marketing effort in place, attention to a marking plan would greatly increase the customer base, especially with establishment of an internet and social media presences. The addition of off site catering and the use of a food truck would do wonders for the business. This is a real gem for an owner/operator to make some real money.

Reason for Selling:

Retirement.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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