Atlanta GA Italian Restaurant for Sale – $600,000 2021 Net Profit on Tax Return – Est. 25 Years – Loyal Staff – Middle to High Income Location – Below Market Price
Atlanta GA Italian Restaurant for Sale – $600,000 2021 Net Profit on Tax Return – Est. 25 Years – Loyal Staff – Middle to High Income Location – Below Market Price
Price: $950,000
Location: Fulton
Industry: American Restaurants, Other Restaurants and Food
Listing ID: 4073
Atlanta GA Italian Restaurant for Sale.
6,900/SF Freestanding.
Big property with tons of free dedicated parking.
Sales almost $2,500,000 in 2021.
Almost $600,000 Net Profit on 2021 Tax Return.
2022 sales are thru the roof with no stopping.
Rent is $28.00/SF.
Extra charges are $1,000 per month.
Great Landlord will give brand new long term lease with options to renew.
Seating for several hundred guests.
Large outside patio sets 110.
Beautiful bar seats 35.
Est. 25 Years with One Owner.
Loyal Staff.
Incredible middle to high-income Location.
Keep or convert to any concept except club, lounge or hookah bar.
Unlimited support after sale.
Priced at $950,000 with Owner financing options.
Gross Revenue: $2,500,000
Cash flow: $600,000
Reason For Sale:
Retirement
Training & Support:
Ask broker for details
Year Established: 1997
Days & Hours of Operation: Ask broker
Owner Hours Per Week: Ask broker
Non-Owner Payroll: Ask broker
Employees: Ask broker
Monthly Rent: 28/sq. foot
Type of Location: Freestanding
Square Footage: 6900
Facilities Information:
6,900/SF Freestanding.
Big property with tons of free dedicated parking.
Rent is $28.00/SF.
Extra charges are $1,000 per month.
Great Landlord will give brand new long term lease with options to renew.
Seating for several hundred guests.
Large outside patio sets 110.
Beautiful bar seats 35.
Competition:
Ask broker.
Potential Growth:
Ask broker.
Financing/Terms:
Yes, ask broker for details.