Shumacher Sells Gwinnett Sports Bar Tavern w/40-Beers on Tap – Est. 1992

by Steven Josovitz

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The Shumacher Group, Inc. has sold Joe’s Bar and Grill/ Joe’s To Goes today. The Shumacher Group,Inc and Steve Josovitz represented Owner in this transaction.

Seller Info:

  1. NAME/CONCEPT:

Joe’s Bar and Grill/ Joe’s To Goes

  1. ADDRESS/AREA INFO:

605 Indian Trail Road , Lilburn, Georgia 30047

  1. SIZE/TYPE:

2000 sq ft indoor space with large covered patio ( Room to Expand if need be)

  1. RENTAL RATE/TERMS/OPTIONS:   Please give me a total number you pay every month that includes CAM, Taxes and Insurance. Also how many year are left on lease and what options exist and for how long and how many. If you own RE then specify.

$2900 a month including water and cam, taxes, insurance. 2 Years left on a three year lease. First option to renew

  1. OPERATING HISTORY: What month and year did you open for business

Opened in 1992.

  1. VOLUME/NET Profit /LOSS:

75k with absentee owner on $45k a month in sales with zero marketing.

  1. HOURS OF OPERATION:

Mon-Thurs 11-11

Friday and Saturday 11-12

Sunday 12-10

  1. COMMENTS: Labor $2500 per weekNo assumable loans or debtCustom Bar with 12 stoolsIndoor Seating of 60Patio Seating for 40

    Karaoke on Friday Nights

    40 Beer Tap Draft Wall

    7 Flat Screen TVs

    50% Delivery and 50% Dine In Sales

    Low Turnover Staff, Some have worked there for 10 years.

    4 Station Aloha POS system

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