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Accommodation & Food Services

Cash Flowing Restaurant For Sale in Duluth Ga

Duluth, GA, USA
Listed 215 days ago

Have you heard the secret in Duluth GA? Where could a family or a group of friends or even a business outing choose to go for a great meal, watch the game or just enjoy the relaxing atmosphere and sports bar type of vibe? Well we have what you are looking for in a business and restaurant family that has the long respected heritage of the famous Harold’s Chicken and Ice Bar founded in Atlanta Ga, and then years later was reimagined and brought to the locals in Chicago Illinois. The vision of one exceptional entrepreneur who saw the vision for the brand to come to Duluth has delivered this concept to Duluth Ga and has made a huge impact to the local community. This opportunity offers the best of all worlds. The business provides a great place to dine out as well as an event space all under the same roof that allows the locals to plan graduation parties, wedding receptions, anniversaries and an unlimited number of other events that can be enjoyed safely in a respected environment that has developed into the place to plan important dates for so many of Duluths loyal locals. The business is primed for a hands on operator to come in and truly maximize the business to its fullest potential. The owner is selling this business to attend to personal matters that have taken her from the day to day operations and she truly wants to preserve the brand and offer to another entrepreneur the opportunity to build the business to the scale that it is capable of and even necessary for the local Duluth patrons. Cash flow for the business averages around $15K per month and has massive potential to scale to higher profitability through a more hands on operator who can also oversee and market the event side of the business.

Financials

Asking Price
$475K
RevenueMost Recent Year
Undisclosed
Earnings (SDE)Last Reported
$150K
Assets Value
Undisclosed
Seller Financing
Subject to Negotiation

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