PEACHTREE CITY, Georgia
| Asking Price |
$499,000 |
Year Established |
2022 |
|
| Annual Revenue |
$1,960,776 |
Reason for Selling |
Relocation |
|
| Annual P/L |
$0 |
Attention |
Jimmy Kelly |
|
| Annual Cash Flow |
$0 |
Listing Number |
1016080 |
|
| # of Employees |
15 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This is a rare opportunity to acquire a beautifully built-out Korean BBQ restaurant for sale in Georgia at a significant discount to the cost of creating a comparable restaurant from the ground up. Located in a busy, high-traffic shopping center, this restaurant represents an exceptional opportunity for an experienced restaurateur or hands-on owner-operator who recognizes the value of an expensive, specialized buildout already in place.
The current ownership invested more than $1.5 million in the buildout, creating an impressive restaurant designed specifically for the Korean BBQ concept. The dining room features more than 50 individual telescoping vent cooking stations, allowing guests to enjoy the interactive tableside cooking experience that has made Korean BBQ increasingly popular. Replicating this infrastructure today would require a substantial investment of both time and capital.
From We Sell Restaurants, the kitchen and back-of-house infrastructure are equally impressive. The BBQ restaurant for sale includes a large commercial hood system, walk-in cooler, walk-in freezer, extensive cooking and preparation areas, and the equipment necessary to support a high-volume restaurant operation. Much of the difficult and expensive work associated with developing a Korean BBQ restaurant has already been completed.
The BBQ restaurant for sale is currently not profitable, and the opportunity is priced accordingly. This is not being marketed as the purchase of a highly profitable operating business at a multiple of earnings. Instead, it should be viewed as an opportunity to acquire a major restaurant buildout, infrastructure, equipment, and established location at a substantial discount to replacement cost.
The ideal buyer is an experienced owner-operator, Korean BBQ operator, restaurant group, or entrepreneur who can bring stronger operational controls, marketing, labor management, and local community engagement to the business. A new operator may also have the opportunity to introduce a fresh concept or reposition the restaurant while taking advantage of the existing specialized infrastructure.
With $1.5 million+ already invested, more than 50 individual cooking stations, substantial ventilation, a large hood, walk-in refrigeration and an attractive shopping-center location, the physical assets alone make this an opportunity worth serious consideration.
The owner says sell. For the right operator, this could be an opportunity to step into an exceptionally expensive restaurant buildout for a fraction of what it would cost to reproduce today.
Property Features and Assets:
EQUIPMENT LIST TO BE DETERMINED DURING INSPECTION
Market Competition and Expansion:
Busy area. Lots of shopping and restaurants in the area.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity