779 Restaurant and Bar Cherokee county/

This restaurant did almost $1.2 million last year. The small restaurant has been at this location for over 20 years. Approximately 90% of the customers are regulars. No marketing or advertisements have been done in years. The owner is absentee and pays the current manager $65,000 a year. An owner operator can increase sales plus replace the current manager after a few weeks. Selling at 2 1/2 times the net. Location also has a patio with a low rent of $5000 which is currently at 5% of the gross. The location also has a patio with a low rent of $5000 which is currently at 5% of the gross. Priced to sell at $390,000 with some financing to a qualified buyer.

Pages

752 BAR AND GRILL UNBELIEVABLE LOCATION IN COBB COUNTY

This establishment has been there for over 24 years with the same owner.   Current sales are $70,000-$85,000 a month and they are only open 6 days a week. The current owner has license to stay open till 3am which he chooses not to utilize, current hours are 11:30 am to 10 PM Tuesday thru Thursday, Friday & Saturday 11 PM, Sunday 12 till 8 PM . Owner only fills in on occasion, basically an absentee owner.  This 5,000 square foot bar has a low rent of $6,000. Priced  to sell fast at $300,000.  This Bar was closed 72 days last year and had a net of $125,000. The building will be for sale after a 10 year lease at market value. Will qualify for a bank loan great records.

Website designed and hosted by Keydesign Websites