Established Turnkey Steakhouse For Sale In Busy Shopping Area Buford, GA 30519
- Retail properties
- 4,271 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Established Turnkey Steakhouse For Sale In Busy Shopping Area
- Year built
- 2017
- Property size
- 4,271 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Brazilian steakhouse in Buford, GA, presents a unique investment opportunity. Located in a busy shopping area adjacent to a regional mall, this 4,271 square foot restaurant boasts 80 indoor and 24 outdoor seats, a full bar, and a state-of-the-art kitchen. Built in 2017, the restaurant features a wide array of equipment including multiple grills, ovens, fryers, refrigerators, freezers, and a walk-in cooler. The current lease has five years remaining, expiring October 30, 2029, with a monthly rent of $9,812.62. The asking price is $299,000, and the business has a gross revenue of $1,500,000. While the current cash flow is zero, the seller is offering one week of training and assistance with landlord approval for concept changes. The restaurant has a strong reputation, loyal customer base, and benefits from high traffic volume in a growing area. The seller is retiring, creating this exceptional opportunity for a new owner to capitalize on the existing infrastructure and customer loyalty. The sale does not include inventory. This is a turnkey operation with significant upside potential for a motivated buyer.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buford
- County
- Autauga county
- State
- Georgia
- Longitude
- -83.9427
- Latitude
- 34.082
