Steve Josovitz of The Shumacher Group Sells The LoKal Restaurant & Bar in Kennesaw – Minutes from Kennesaw State University w/$180,000 Net Profit

by Steven Josovitz

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Steve Josovitz of The Shumacher Group Sells The LoKaL located at 3900 Legacy Park Blvd, Kennesaw, GA 30144.  The Shumacher Group, Inc. and Steve Josovitz represented Seller in the transaction and guided all parties to Closing.

Seller Info:

The LoKaL is located at 3900 Legacy Park Blvd, Kennesaw, GA 30144.

The LoKaL is a traditional American restaurant with a neighborhood pub and tavern feel.

2500/sf.

Seating for 100.

Bar seats 15.

Outdoor patio seats up to 30.

Tons of parking.

Long term lease at $2800 per month includes all extras.

Two options to renew on top of the current 4-year lease.

Gross Sales in 2018 are $1,000,000.

Net Profit is $180,000 in 2018.

2019 numbers on par to do the same as previous years.

Full staff in place for a flawless transition.

Owner to provide extensive training and support at no charge.

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