Kennesaw GA Restaurant & Bar for Sale w/Patio – High Traffic Location – Absentee Owner – $226,000 Profit – Well Est – Clean Books

by Steven Josovitz

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#6090

Kennesaw GA Restaurant & Bar for Sale w/Patio

Very high traffic with middle to high incomes.

Super 24/7 location but lunch is huge.

2022 Gross Sales $1,187,190.04

2022 Net Profit  $226,000 included $80,000 salary to Operating Partner who is no longer present.

2023 numbers are tracking to be about the same as the previous year or a little lower.

2023 will be approximately $150,000 to $200,000.

Operating Partner worked about 55 hours a week but recently relocated out of state. Operating Partner replaced with GM and KM.

GM is at an annual salary of $35,000.

The Kitchen Manager is at $50,000.

Full Staff of 10-12.

Beer and Wine.

Fully equipped.

2800/sf.

Seats 78.

Bar seats ten.

Outdoor patio seats 30.

Well established.

Rent is $6700 all in.

Several years left on the lease with a 5-year option.

Landlord on board to extend the lease.

One of the highest-rated restaurants in GA on Social Media.

Full support and training.

Keep or convert.

Priced at $395,000 with Owner financing options.

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