Business Overview

Decatur GA Franchise Restaurant & Bar for Sale – $650K Stunning Build-out – Fully Equipped, Fully Staffed, Open & Turnkey – Clean Books

Decatur GA Franchise Restaurant & Bar for Sale.

Located in “Historic Downtown Decatur” near multiple colleges, hospitals, and steps to courthouse.

3,000 sf.
Rear loading dock.

Seating for 60.
14-seat bar.
Outdoor seating for 25.

A long-term lease at approximately $11,000 per month includes CAM.

Established July 2020.

Great stop.

Free Parking.

Mint Condition.

$650,000 Build-out.

Fully Equipped, Open & Turnkey.

Great training and support.

Clean books and records are available.

Financial

  • Asking Price: $385,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2020

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

In the “Historic Downtown Decatur” near multiple colleges, hospitals, and steps to courthouse. 3,000 sf. Rear loading dock. Seating for 60. 14-seat bar. Outdoor seating for 25. A long-term lease at approximately $11,000 per month includes CAM. Free Parking. Mint Condition. $650,000 Build-out. Fully Equipped, Open & Turnkey.

Is Support & Training Included:

Great training and support.

Purpose For Selling:

Other business interests

Pros and Cons:

Ask broker.

Opportunities and Growth:

Ask broker.

Additional Info

The company was started in 2020, making the business 2 years old.

The property is leased by the company for $11,000 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people resolve to sell operating businesses. Nonetheless, the true factor and the one they tell you may be 2 completely different things. For instance, they might state "I have way too many various responsibilities" or "I am retiring". For many sellers, these factors are valid. But, for some, these may just be excuses to try to conceal the reality of altering demographics, increased competitors, current reduction in incomes, or a range of various other factors. This is why it is very important that you not count totally on a vendor's word, yet rather, utilize the seller's solution combined with your general due diligence. This will repaint a much more sensible picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Lots of businesses take out loans so as to cover items such as stock, payroll, accounts payable, and so on. Remember that occasionally this can suggest that revenue margins are too small. Many organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that have to be met or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area attract new consumers? Many times, businesses have repeat customers, which form the core of their daily revenues. Certain factors such as new competitors sprouting up around the location, road building, as well as staff turnover can affect repeat customers and adversely impact future revenues. One vital thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the better the chance to construct a returning customer base. A last thought is the basic location demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Exactly how might the regional mean house income influence future earnings prospects?