Shumacher Sells The Butcher and Bottle – Canton

by Steven Josovitz

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Steve Josovitz of The Shumacher Group, Inc. just sold The Butcher and Bottle located in Canton, GA. Steve Josovitz represented Seller and assisted Buyer in this transaction.

Seller Info:

The Butcher and Bottle is a Chef driven Gastro Pub focusing on great food and fabulous micro brews. This restaurant is owned and operated by Chef Seth Hendricks and Chef John Bertrand who will stay during transition and or longer if needed making for a smooth transition.

AREA:

3568 Sixes Rd, Canton, GA 30114.

SIZE/TYPE/SEATING:

Free standing 6500 Sq Feet inside and 1500 sq feet patio (half covered) 2 Bars, Beer Garden, Restaurant , 210 dining seats, 10 bars stools at baby bar and 21 seats at main bar. We also have a fully equipped 22 foot food truck for events and catering, that’s wrapped and has a 15/ft. stage

RENT:   

$6500 per month all in.

Five year lease with five year option.

OPERATING HISTORY:  

Opened July 2015

$375,000 was spent on renovation of already existing restaurant and bar to open doors. .

 VOLUME/NET Profit:

2016 Gross Sales $1,855,656 in sales

Net Profit $301,000

Net profit includes approximately $156,000 in salaries of two operating Owners.

HOURS OF OPERATION:

Monday to Friday 4:00-11:00

Saturday and Sunday 10:00am – Midnight

Food Truck event hours only

SELLING PRICE/TERMS:

$550,000 including food truck.

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