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Full Service Wing Cafe And Bar In Georgia For Sale

Georgia
Asking Price:
$325,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$685,917 (USD)
Cash Flow:
$164,572 (USD)

West Metro Atlanta Full service wing café with a Korean flair, attached to a full service bar. This very successful restaurant & bar has been operating out of the same location for more than 18 years. Located in a busy strip center that is situated on a corner lot with a traffic count of more than 50,000 vehicles a day. The business has 9 part-time employees with management in place, all employees are willing to stay with new owner. When have you seen a restaurant/bar with a net profit of 28%.
Business has been lender pre-qualified.

Property information

Real Estate:

Lease

Premises Details:

4,800 square foot facility located in a busy strip center. 2,400 feet is dedicated for kitchen and a family friendly restaurant and 2,400 feet is dedicated for the bar/lounge area. The bar area is connected by way of a door way, that allows the bar area to be a smoking facility, that also contains a large stage area.

Business Operation

Expansion Potential:

Currently there is not a marketing effort in place, attention to a marking plan would greatly increase the customer base, especially with establishment of an internet and social media presences. The addition of off site catering and the use of a food truck would do wonders for the business. This is a real gem for an owner/operator to make some real money.

Competition / Market:

There are a few franchised wing restaurants in the area, but no independent wing cafes that have been in operation for as long (18 years).

Reasons for selling:

Retirement.

Trading hours:

Tues-Thurs 11am-10; Fri-Sat 11am-11; Sun 12pm-9

Employees:
9 PT
Years established:
17

Other Information

Support & training:

Will train for 1 week @ no cost.
A new owner must obtain a local business license, qualify for state and local alcohol serving license and apply for a Georgia Lottery permit.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Lender pre-screened with $65,000 down.

Furniture / Fixtures value:
$64,304 (USD) - included in the asking price
Inventory / Stock value:
$4,480 (USD) - included in the asking price

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