Key Financials
Monthly sales are approximately $63,000! Cost of Goods Sold is only 39%!
Game machine commission is $1,500 per month! Lottery commission is $1,350 per month!
Net profit is approximately $8,400 per month AFTER paying $15,500 in payroll, as well as rent, and all other expenses!
Yearly net profit is approximately $100,000!
Big Upside for an Owner-Operator! The current owner works limited hours and the business is operated with staff in place. A full-time owner-operator has a clear opportunity to step in, tighten operations, reduce payroll, control costs, push sales, and improve profitability!
Rent and Lease
Base rent is approximately $7,056 NNN plus CAM per month. CAM and NNN are approximately $2,000 per month.
There are approximately 2 and a half years plus another 5-year option to renew on the lease! Total 7 and a half years remaining!
There is a $700 per month billboard expense that a new owner can evaluate.
This is exactly the kind of business where an involved owner-operator can make a real difference.
Business Highlights
More than 1,300 reviews with a 4-star rating!
Strong local following! Website and online presence already established!
Full menu already in place, including wings, burgers, sandwiches, tacos, seafood, steak, salads, appetizers, cocktails, beer, and more.
Strong mix of food and alcohol sales!
Revenue mix is approximately 70% food sales and 30% alcohol sales.
Fully built-out restaurant space of approximately 4,200 square feet!
Currently open daily from 11 AM to 2 AM, capturing lunch, dinner, bar, game-day, and late-night traffic.
No franchise fees or royalties!
Location Highlights
The business is located on one of the main commercial corridors in Hiram!
Extremely High Traffic Count at over 37,800 vehicles per day!
The restaurant is surrounded by retail, shopping centers, residential neighborhoods, and steady daily traffic!
Nearby national and regional retailers help bring customers into the area every day.
The surrounding trade area is strong, with approximately:
55,000+ residents within 3 miles!
140,000+ residents within 5 miles!
Median household income is reported at approximately:
$95,860 within 3 miles!
$97,656 within 5 miles!
This is a strong suburban customer base with steady demand for food, drinks, sports, casual dining, and late-night options!
The business is also surrounded by residential communities, schools, retail centers, and nearby employment hubs that help support lunch, dinner, bar, and weekend sales!
Located in Metro-Atlanta! Only 15 minutes from Douglasville! 20 minutes from Dallas, GA! 35 minutes from the City of Atlanta!
Why Buyers Should Pay Attention
This is not a cold start. A buyer is not walking into an empty space, guessing if the concept will work.
This business is already open, already staffed, already equipped, already generating sales, and already known in the market.
For a buyer who wants a real operating bar and restaurant in a growing Metro Atlanta suburb, this is a serious opportunity.
Asking Price for Business-only: $329,000 plus inventory! Inventory is guesstimated at approximately $8,000 to $10,000 at cost.