UA-80111197-1

Established and Profitable Restaurant and Bar

Listing Number: 80521-600263

Description

Established over 30 years ago, this brand continues to boom serving music, food, and drinks 7 days a week.

70% of Gross Sales Revenue is Food, and 30% is Drinks
Besides this the restaurant does charge admission for music events.

All of this is done with a stellar staff and management-- many of them have been with the business for over 8 years.
1 Kitchen Manager
1 Bar Manager
1 Floor Manager

The location is premium with thousands of cars driving past it everyday. 60% of business is out of town, 40% is local.
The restaurant has been in this location for 8+ years now. It is a fully equipped restaurant/bar/music venue with a capacity to seat 250 people inside and 50 people outside. Besides kitchen and bar equipment, this sale includes over $60,000 in sound equipment for the live performances.

Business is still booming even during the COVID crisis. In fact it is growing!

Take advantage of the new SBA lending stimulus for restaurant loans!
Call today for more info

Listing Details

  • Price: $1,287,000
  • Down Payment: $1,287,000
  • Sellers Discretionary Earnings: $429,100
  • Total Sales: $2,261,000
  • Location: Pickens County, Georgia

  • Inventory: $25,000
  • FF&E: $200,000
  • Employees: 40
  • Reason for Selling: Retiring
  • Category: Restaurants
Established and Profitable Restaurant and Bar

Business Listed By:

Pedro Ferreira
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