#990
This casual laid back seafood restaurant is well established and profitable year after year. This is a very hi visibility restaurant on a very hi trafficked Gwinnett County highway. Freestanding 2488/sf fully equipped and turnkey restaurant on approximately one acre. Excellent street frontage at 108 feet. Seating for 100.
Established 1984. Gross sales as seafood restaurant were $355,000 with Owner pulling out $75,000 for 2010. Owner manages restaurant himself and has no expensive front or back of the house Management or Chef salaries. This is a very popular neighborhood favorite with incredible reviews. Sales are up every year 5% over the previous year.
Currently restaurant is open for dinner Tuesday to Saturday only. Adding lunch, brunch, and additional dinner shifts could dramatically increase sales and profits. Keep as Seafood concept or convert to any concept.
Property (not including business and equipment) was appraised for $500,000. Motivated Seller is retiring and has priced this at $595,000. for RE, Business and all F.F.& E or will lease at a monthly rental rate of $4,000. including all extras after purchasing business for $115,000 OBO with some Owner financing.
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