LAWRENCEVILLE, Georgia
| Asking Price |
$200,000 |
Year Established |
|
|
| Annual Revenue |
$1,600,000 |
Reason for Selling |
Other business interests. |
|
| Annual P/L |
$0 |
Attention |
Steve Josovitz |
|
| Annual Cash Flow |
$0 |
Listing Number |
997921 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Lawrenceville GA Restaurant & Bar for Sale – Same Owner 17-Years – Owner Financing – High Traffic Publix Center – Keep or Convert
#6580
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Lawrenceville GA Restaurant & Bar for Sale
Papi’s Cuban Grill
National Anchored Publix Shopping Center
Keep or Convert.
Excluded concepts are Wings, Smoothies, Chinese, Pizza, Pita Sandwichs because of other restaurant tenants are in the center.
Great Concepts would be anything Latin, Cuban, Mexican, Steakhouse, BBQ, Indian, Middle Eastern, Mediterranean, Asian, Sports Bar, etc.
Owner would be amenable to licensing concept for experienced individual.
This sale excludes all Books, Records, Name, Brand, Business, Trademarks or Recipes.
4555/sf. not including patio.
Dining room seats 80.
Bar seats 10.
Outdoor Patio seats 50.
Same Owner Almost 20-Years.
Monthly Rent $11,481.00 ALL IN.
3.5 years remain on Lease.
5-Year Option to Renew.
Sales have reached close to $2,000,000.
Priced at $200,000 OBO with Owner Financing Options.
Property Features and Assets:
<p>National Anchored Shopping Center</p><p>4,555/sf. not including patio.</p><p>Dining room seats 80.</p><p>Bar seats 10.</p><p>Outdoor Patio seats 50.</p><p>Same Owner 16-Years.</p><p>Monthly Rent $11,481.00 ALL IN.</p><p>4.5 years remain on Lease.</p><p>5-Year Option to Renew.</p>
Market Competition and Expansion:
<p>Keep or Convert.</p><p>Excluded concepts are Wings, Smoothies, Chinese, Pizza because of other restaurant tenants are in the center.</p><p>Great Concepts would be anything Latin, Mexican, Steakhouse, BBQ, Indian, Middle Easter, Mediterranean, etc.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity