Profitable Restaurant in North GA Lake Area Buy or Sublease with No Key Money
Owner only works 20 to 30 Hours Per Week at this Restaurant for Sale. In 2018 Sales were over $400,000 with Owner Earnings Exceeding $100,000, and the Restaurant was Closed for Eight Weeks! 2019 Sales are Tracking to Generate over $120,000 in Earnings on close to $600,000 in Revenue. Landlord will consider straight SUB LEASE situation for $5,000 per month and NO KEY MONEY for a well qualified Buyers.
Located less than two hours from Atlanta, this Profitable Casual Dining restaurant for sale offered by We Sell Restaurants is ideal for anyone looking to escape the craziness of living in Metro Atlanta or any other South Eastern City. This Profitable business serves up all the local favorites like Burgers, Salads, Sandwiches, Pasta, Seafood, and Steaks providing friendly service and good food at a value. There is a steady flow of local customers during the year, but sales and income grow by 50% during "Lake Season" from May through September when all the rentals are full and the daily visitors end their day with a great meal.
The venue and lease could not be better. The restaurant for sale is 5400 square feet and can easily accommodate 100 guests inside. Additionally, there is an outdoor seating area that takes to the total capacity up to 130. With so much space, there is a bar area to wind down with a cool beer and plenty of table space for families to relax with a good meal. This is a virtual goldmine!
The rent is a very reasonable $2500 per month on this restaurant for sale. Do the Math...that translates to $6 Per Square Foot or 6% of sales. Either way - an incredible lease. And it gets better, unlike big city landlords, this landlord is agreeable to a 10-year lease guaranteeing the next owner years and years of success. The owner recently added new equipment to support an additional cook line.
The current owner has a back-of-house and front-of-house lead who run things in her absence. On average the owner works only 20 - 30 hours per week. So what are you waiting for? Buy this profitable restaurant for sale in a wonderful laid back lake community today and begin the next phase of the rest of your life.
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- Listing#: 6756
- Price: $209000
- Location: Hartwell
- Profitable Casual Dining Restaurant in North Georgia Lake Area
- Six Figure Owner Earnings Only works 30 Hours per week open for 44 weeks
- Amazing Lease Rate
- Turn Key Opportunity For an Owner Operator
- Full Liquor License
- Long Service Employees
- Buy or Sublease
- Restaurant for sale