$10K Monthly Net Profit! Absentee-Owned Bar & Restaurant in Woodstock, GA!
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update dateAugust 12, 2021 publish DateAugust 12, 2021 Total views 529Description
Average Drinks and Food Sales for 2021 YTD are $67,000 monthly at a 48% Margin! Lottery Commission is over $2,500 monthly! Game machine commission is $3,000 monthly!
Business receives 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 $10,000 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 3 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: $349,000 + inventory! Inventory is approximately $20,000 at cost.
If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
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