Absentee Owned and Operated Profitable Gwinnett County Restaurant For Sale. Annual 2021 Sales Exceeded $1.2 Million with Seller Discretionary Earnings of $290,000. An absentee Owner nets over $200,000. Open and Operating for Over Five Years. Strong Management and Staff in Place. This Restaurant Should be a Candidate for SBA Lending for a Well Qualified Buyer.
Located in Desirable Gwinnett County Georgia, this profitable restaurant for Sale
has been serving freshly made Mediterranean and American Foods for Over Five Years. Annual Revenue has grown every year with 2021 Sales exceeding $1.2 Million. Earnings for this Absentee owner exceeded $200,000. An owner Operator could take on the role as General Manager and earn close to $300,000. Dedicated and experienced staff in place included General Manager.
The menu at this Restaurant for Sale by We Sell Restaurants
is a very popular combination of authentically prepared Greek and American dishes, made-from scratch cakes and desserts, that cannot be duplicated by any surrounding restaurants resulting in tons of regulars and repeat customers. Sales continue to grow as a result of increased foot traffic, the explosion of 3rd party deliver, and very profitable catering.
The restaurant is perfectly location in an area of Gwinnett surrounded by affluent residents with disposable income who don't want to eat a the typical chain franchises. This restaurant, located in a very busy shopping center on a major road adjacent to several popular golf courses and neighborhoods fills the void. The menu consists of freshly made hot and cold appetizers, soups, salads, Gyros, Chicken dishes, pastas and even pizza...there is truly something for everyone. Beer and Wine is also available.
The restaurant is fully equipped and a manageable 3050 square feet. There is seating for 60 guests inside and another 20 on their outdoor patio. All in rent is around $9300, and as a percent of sales contributes to top line profits. This is truly a turn-key operation whether you are looking to be an absentee /semi-absentee owner or a full time owner operator. Contact your restaurant brokers today at We Sell Restaurants to learn more about this successful and profitable restaurant for Sale. Interested parties will be required to provide a minimum of $200,000 in proof of funds in order to receive details.
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.
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