Steak & Seafood Restaurant Restaurant for Sale in Gwinnett GA -$468,000 Earnings

Beautiful Steak and Seafood Restaurant For Sale in Gwinnett County Georgia,  Verifiable Books and Records showing $428,000 in Earnings on $2.1 Million in revenue for Absentee Owners.  Full Staff, including front-of-house and back-of-house management in place.  Should qualify for SBA lending,  Ideal as an investment of for a Full Time Owner Operator looking to make $468,000 per year.

The recipe for success for any restaurant begins with a great location, inviting atmosphere, great service and amazing food,  This profitable American Restaurant and Bar has all that and more.  Add over $2 Million in annual sales and a rent of only $6400 per month and you have a real money maker.
The owners of this Steak and Seafood Restaurant for Sale spared no expense building out a beautiful restaurant with an attractive and inviting exterior, comfortable and classy table seating and bar areas, and a state-of the art fully equipped kitchen.

This highly successful and well know Steak and Seafood Restaurant for Sale in Gwinnett County Georgia is located on a major road with terrific access to tons of businesses and residential homes guaranteeing consistent lunchtime and diner volume.  The entire venue is over 6700 square feet and can seat 125 guests.  There is a traditional dining area, spacious bar with tons of seating, and even a separate dining area for special events.  While the owners certainly oversee the operation, there is full management in place making this an ideal addition to any restaurant group's portfolio.  Or, an owner operator can take over the role of the General Manager and grow earnings by another $40,000 to $468,000.  Strong Books and records should qualify this profitable restaurant for SBA lending and We Sell Restaurants has lending partners to help you.  

One of the secrets to success of this Steak and Seafood Restaurant for Sale is a great menu at affordable prices.  There is something for everyone from wings and calamari to hand cut steaks and freshly prepared seafood.  Situated in an area with above average household incomes, customers rave about the food and service earning this local favorite four to five stars and all the different social media rating sites.  Contact your restaurant broker at We Sell Restaurants to learn more.  Proof of liquidity in the amount of $250,000 will be needed to receive a comprehensive overview including name, address, and financial information.

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Seafood Restaurant 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

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Listing

  • Listing#: 7548
  • Price: $1200000
  • Location: Lawrenceville
Lease Term: 6 years remaining on 10 year lease
Monthly Rent: $6400,
Indoor Seating: 125
Inside Sq. Ft: 6721,
Hood System: Yes
Hours Open: Mon thru Thurs 11-3 and 5-10 Fri and Sat 11-3 and 5-11 Sunday 11-3 and 4-9
# of Part-Time Employees: 38
# of Full-Time Employees: 4
Net Sales: $2134604.00
Owner Benefit: $468220

Features

  • Profitable Gwinnett County Steak and Seafood Restaurant
  • Annual Sales of over $2 Million Generating Owner Earnings of $468,000
  • Over 6000 Square Foot Venue with rent of Only $6400 Per Month
  • Absentee Run and Turn-Key
  • Amazing on-line reviews
  • great books and records should qualify for SBA Lending
  • Seafood Restaurant for Sale