Lawrenceville GA Restaurant & Bar w/Big Patio

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 w/Big Outdoor Patio for Sale – Same Owner 16-Years – Owner Financing – Keep or Convert

(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 w/Big Outdoor Patio for Sale

National Anchored Shopping Center

Keep or Convert.

Excluded concepts are Wings, Smoothies, Chinese, Pizza 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 16-Years.

Monthly Rent $11,481.00 ALL IN.

4.5 years remain on Lease.

5-Year Option to Renew.

2024 Gross Sales $1,600,000.

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

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