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Absentee-Owned Bar & Restaurant in Woodstock, GA! Perfect for Owner-Operator!

RestaurantsFor Sale in Woodstock, GA

Financial & Assets Details

$760,000
$63,000

About the Business

Business Description

Average Drinks and Food Sales for 2019 are $57,000 monthly at a 48% Margin! Lottery Commission is over $2,500 monthly! Game machine commission is $3,000 monthly! Game Machine contract is up for renewal and can be terminated by next March!

2020 YTD sales average is still at $35,000 per month. Business recieves substantial delivery and to-go orders due to their delicious food. Full commercial kitchen is included and the business does not sell any frozen food!

Monthly net profit is over $5,000 after paying over $16,000 monthly in payroll! The operating partner manages another location and cannot manage both bars! Huge opportunity for an Owner-Operator to take home a significant amount of payroll and net profit easily at $10,000 per month!

Store is 3,575 sqft!

Rent is $3,128 NNN with 4 years remaining on the lease and will renew every 5 years. Security deposit is $2,830. Lease transfer fee is $750.

Average Daily Car Count is extremely high at 44,300! Surrounded by residential and apartment homes totaling 1,097 units in the immediate area! 2 miles away from Chattahoochee Technical College. 3 miles away from The Outlet Shoppes at Atlanta.

The Seller had this business since 2006!

Asking Price for Business-only: $299,000 + inventory.

If interested, please email your full name and best contact number to info@riverbrokers.com

Listing ID: Woodstock299k

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