Historic Downtown Duluth GA Restaurant w/Patio

DULUTH, Georgia

Asking Price $129,000 Year Established 2014
Annual Revenue $0 Reason for Selling Other business interests.  
Annual P/L $0 Attention Steve Josovitz
Annual Cash Flow $0 Listing Number 987976  
# of Employees Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Historic Downtown Duluth GA Restaurant – 1500sf w/Patio – Fully Equipped Turnkey – Keep or Convert
1,500/SF.
Outdoor Patio.
Inside seating for 25.
Patio seats 20.
15’ Exhaust Hood Vent System with new motors.
(2) 1500 Gallon Grease Traps.
Tons of free dedicated parking.
Current Business does not sell alcoholic beverages but Duluth open container law allows for guests to purchase alcohol and leave the premises if Buyer. The addition of a liquor license would be an attractive element of new business.

Monthly Rent is $4,200 ALL IN.
Term remains on lease.
(1) 5 year option to renew left on lease.

Established almost 10-years.
No expense was sparred on build out.
Keep or Convert to any Landlord approved concept.
Name, Trademarks, Recipes, Books and Records are not included in this sale.

Property Features and Assets:

<p>1,500/SF.<br>Outdoor Patio.<br>Inside seating for 25.<br>Patio seats 20.<br>15’ Exhaust Hood Vent System with new motors.<br>(2) 1500 Gallon Grease Traps.<br>Tons of free dedicated parking.<br>Current Business does not sell alcoholic beverages but Duluth open container law allows for guests to purchase alcohol and leave the premises if Buyer. The addition of a liquor license would be an attractive element of new business.<br><br>Monthly Rent is $4,200 ALL IN.<br>Term remains on lease.<br>(1) 5 year option to renew left on lease.<br></p>

Market Competition and Expansion:

<p>Keep or convert</p>

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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