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Listed by:

Atlanta Business Brokers LLC

Established Stand Alone Restaurant And Bar In Newnan For Sale

Newnan, Georgia
Asking Price:
$350,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,068,000 (USD)
Cash Flow:
$169,363 (USD)

An Absentee owner neighborhood favorite Bar and Grill serving steaks, seafood, and other lite fairs, been operating profitably since 2014, located in a super busy road right in the center of fast-growing Newnan, GA. The restaurant is 3,000 +/- with a large patio and sits on an acre of land with plenty of parking.
Management for the front of the house and kitchen is in place, chef-driven menu items that keep locals coming back on a weekly basis.
Great lease in place with 2 years remaining and an options to renew, Occupancy costs of $5,000 rent per month that includes taxes and insurance.
Seating for over 100 people inside and 50 people in outdoor covered patio.
Sales for 2017 are $1,068,580 with the owner netting around $170,000. Asking price of $340,000 that includes an inventory of $25,000.

Proof of funds and signed nda must be received prior to disclosing any further information. This is an operating business; please refrain from speaking to staff or management.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is.

Property information

Real Estate:

Lease

Leasehold Rent:

$3,000 (USD) per annum

Location:

3,000 +/- square feet self-standing building in over an acre of land with plenty of parking and a huge covered patio. Located right in the middle of Newnan, GA and less than a mile away from the I-75

Business Operation

Employees:
15
Years established:
2014

Other Information

Support & training:

2 weeks by the seller.

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

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