Seafood And Sports Bar Cumming GA-Franchise Resale
Cumming, GA Forsyth County
The Shoppes at Brannon Crossing
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- RE: Seafood And Sports Bar Cumming GA-Franchise Resale
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $349,000 | |
| Annual Revenue: | $1,101,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $97,327 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 953863 | |
| Broker Reference #: | 6341 |
Business Overview:
(This is an Open and Operating Business. Â Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Shuckin’ Shack Oyster Bar Cumming GA National Franchise Restaurant & Bar reSale
Located inThe Shoppes at Brannon Crossing
3,000/SF.
750/SF.
Seating for 60.
Bar seats 13.
The Outdoor Patio seats 45.
Monthly rent is $7,000 ALL-In.
5-Year Lease.
10-Year Option to Renew.
2023 Gross Sales $1,100,000.
2023 Net Profit approximately $100,000.
2024 Gross Sales $1,101,164.29
2024 Net Profit $97,327.41.
Owner is hands-on.
Great Staff of approximately 20 plus a Manager is in place makes for a flawless transition.
Opened June 2019.
Seller spent approximately $600,000 to open doors.
Franchise Royalties 5%.
Franchise Transfer Fee is $5,000.
Fully Equipped.
This Offering is for acquisition of Franchise and cannot be converted to a different concept.
Priced at $349,000 with some Owner Financing Options available.
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Property Features and Assets:
3,000/SF.
750/SF.
Seating for 60.
Bar seats 13.
The Outdoor Patio seats 45.
Monthly rent is $7,000 ALL-In.
5-Year Lease.
10-Year Option to Renew.
Market Competition and Expansion:
This Offering is for acquisition of Franchise and cannot be converted to a different concept.
Reason for Selling:
Other business interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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