Here’s an incredible opportunity to become the owner of a thriving Sports Bar located in Ellijay, Georgia, boasting convenient and limited operating hours. The business is currently open from Wednesday through Saturday, with operating hours from noon to 10 pm, except on Wednesdays when it’s from 4 pm to 9 pm. As the new owner, you have the potential to expand the operating hours beyond these limited times.
Situated in a bustling shopping center, the Sports Bar offers an expansive 4,500 square feet of space, all at an incredibly low monthly rent of just $2,250, which includes both base rent and CAM charges. The current lease has 2 years remaining and provides an option to renew for an additional 5 years.
The kitchen is staffed with two skilled cooks, in addition to the owner, who manages the kitchen on a part-time basis. The existing back-of-house team is fully capable of running the kitchen, with room for improvement by adding just one more employee. On the front end, there are three well-trained employees who serve as servers and bartenders.
The Sports Bar has achieved impressive gross sales of $472,849, allowing the owner to take home a substantial income of $136,496 after covering all expenses. This profitability is greatly attributed to the advantageous combination of the remarkably low rent and limited payroll expenses.
Asking Price: $225,000