Upscale Bar Restaurant
www.GlobalBX.com
Listing ID:
700165446
Listing Title:
Upscale Bar Restaurant
Quick Link:
http://www.globalbx.com/listing.asp?bId=165446
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Georgia
Area
City:
Lawrenceville
Asking Price Range:
< $250K
Gross Revenues:
$800,000
Cash Flow:
$200,000
Cash Flow Type:
EBITDA
Year Established:
2011
Number of Employees:
10 - 19
Business Description:
6,500 square foot freestanding Gwinnett County profitable restaurant and bar in an optimal location just steps away from a major highway and near shopping, businesses, apartments, and homes. This is a must see with a separate game room, bar, and dining room also with indoor and outdoor patios with a second bar. The building is equipped with three 100 + inch projection screens and 35 other flat screen TVs! Fully equipped turnkey business is running with absentee owners of a successful restaurant group who are selling only because of a partnership dispute and sacrificing their initial investment and hard work. American food concept with themed nights already in place. Listed at only $199,000 - this is a steal after the recent $500,000.00 + renovation including all brand new equipment! Website, camera system, and POS system that can be viewed from your phone or computer is included. Rent is set below market rate for this incredible space with a four year lease plus two five year options remaining. The business is listed for sale confidentially meaning that the staff does not know it is for sale.
Contact: Katie Arlt
Restaurant Broker Consultant
with ''Just Restaurants''
678 760 2666
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