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- RE: Shuckin’ Shack Oyster Bar Cumming GA-Resale
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
Asking Price: | $499,000 | |
Annual Revenue: | $1,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | Not Disclosed | |
BBN Listing #: | 953863 | |
Broker Reference #: | 6283 |
Business Overview:
Shuckin’ Shack Oyster Bar Cumming GA National Franchise Restaurant & Bar for Sale – Profitable – Owner Financing
(This is an Open and Operating Business. 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 for Sale
Located in The Shoppes at Brannon Crossing
Very strong office market with over 156,700 daytime population in 5 miles.
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 Sales are up to almost 25% higher than the previous year.
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 $499,000 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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