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4200 SQFT Steakhouse in Gwinnett,GA - 7 Figure Sales in 2019

There are tons of Italian, Chinese, Sub, Fast Casual, American, Sports Bars and other "highly saturated" cuisines and concepts in Gwinnett County, Georgia and the surrounding areas.  However, there are only a handful of High End Steakhouses catering to the area's residents and businesses looking for a more elegant, but affordable, dining experience. This steakhouse for sale is what you have been waiting for!
 
This  Steakhouse for sale offered by We Sell Restaurants is getting rave reviews with SEVEN FIGURE annual sales in 2019 generating six figure Owner Discretionary Earnings.  It is located approximately 40 minutes north of DT Atlanta conveniently just off of I-85..  The location has terrific access from major roads and making it the ideal destination for a nice dinner, business lunch, or special occasions.  Built new less than four years ago, the owner spent upwards of $1 Million to build out and equip this beautiful state-of-the-art restaurant.  This amazing high traffic location is over 4200 square feet, seats 110 inside and 40 outsides.  The rent, whether you look at it as a percent of sales or cost per square foot is an affordable $11,700 per month including your CAMS.  The lease, including options to renew, has over 13 years remaining guaranteeing years of continued success.

The steakhouse for sale is always busy!  The menu is what you would expect from a traditional Brazilian Steakhouse.  The operation is truly turn-key.  Due to Covid-19, 2020 revenue was down temporarily resulting in a $200,000 price reduction for a quick sale.  Keep or convert.  The build out, decor, and location is perfect for so many different concepts.

So don't miss out on this steakhouse for sale.  Opportunities like these are few and far between.  A much more cost-efficient way to acquire an open and operating restaurant than building it out from scratch.  The hard work is done.  The customer are there.  All that's missing is you!

Please click on the tab below to easily acknowledge confidentiality on this Steakhouse for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 7302
  • Price: $395000

Lease Term: Remainder of 7 year lease

Monthly Rent: $11700,

Indoor Seating: 110

Inside Sq. Ft: 4271,

Hood System: Yes

Hours Open: Thursday 5–9PM Friday 5–9PM Saturday 12–10PM Sunday 12–9PM Monday 5–9PM Tuesday 5–9PM Wednesday 5–9PM

# of Part-Time Employees: 8

# of Full-Time Employees: 14

Net Sales: $1224637.00

Owner Benefit: $204277

Features

  • Beautiful Brazilian Steakhouse in Gwinnett County, Georgia
  • 2019 Sales Volume of over $1.2 Million
  • Amazing high traffic location with ample parking
  • Owner spent close to $1 Million to Build
  • Over 4200 square feet comfortably seats 110 guest
  • Beautiful Full Bar Area
  • Steakhouse for sale