Atlanta GA Mall Food Court Franchise Restaurant for Sale @ Cumberland Mall – Absentee Owner – Profitable – Clean Books – $99,000
Atlanta GA Mall Food Court Franchise Restaurant for Sale @ Cumberland Mall – Absentee Owner – Profitable – Clean Books – $99,000
Price: $99,000
Location: Cobb
Industry: American Restaurants, Coffee Shops and Cafes, Delis and Sandwich Shops, Miscellaneous Restaurant and Bars
Listing ID: 5082
Atlanta GA Mall Court National Franchise Food Court Restaurant for Sale at Cumberland Mall.
Food Court at Cumberland Mall a Regional Nationally anchored Mall.
Located at 2860 Cumberland Mall, Atlanta, GA 30339.
Cumberland Mall, connected by pedestrian sky bridge,
Monthly rent at $11,800 per month.
6-years left on Lease plus options to renew.
Well established.
Absentee Owner pulled out approximately $50,000 in 2022 after paying all expenses.
2022 Gross Sales approximately $725,000.
Full staff plus Manager at $53,000 annually make for a flawless transition.
6% Franchise Royalties includes Advertising.
One-week local training.
Super high density residential and business location.
Steps from 285 Interchange.
Connected to the Galleria Convention Center by a pedestrian bridge.
Nationally anchored stores Macy’s, Costco and Dick’s Sporting Goods, as well as Apple, Sephora and H&M.
Close to the Atlanta Braves Stadium.
Cumberland is a growth area (Braves, Cobb growth, new construction, etc).
The Cumberland Mall is a shopping mall in the Cumberland district of Metropolitan Atlanta near the suburbs of Smyrna and Vinings.
Mint condition restaurant.
Store volume up versus last year even with COVID.
Full books and records are available upon request.
$400,000 Net Worth required to become a Franchise.
Franchise Transfer Fee $14,750.
Gross Revenue: $725,000
Cash flow: $50,000
Terms and Conditions?:
Full books and records are available upon request.
$400,000 Net Worth required to become a Franchise.
Franchise Transfer Fee $14,750.
Reason For Sale:
Absentee owner.
Training & Support:
Full staff plus Manager at $53,000 annually make for a flawless transition.
One-week local training.
Days & Hours of Operation: Ask broker.
Owner Hours Per Week: Ask broker.
Non-Owner Payroll: Ask broker
Employees: Full staff plus Manager at $53,000 annually make for a flawless transition. Full training included.
Monthly Rent: 11800
Type of Location: Food Court
Square Footage: Ask broker.
Facilities Information:
Steps from 285 Interchange.
Super high density residential and business location.
Connected to the Galleria Convention Center by a pedestrian bridge.
Nationally anchored stores Macy’s, Costco and Dick’s Sporting Goods, as well as Apple, Sephora and H&M.
Close to the Atlanta Braves Stadium.
Monthly rent at $11,800 per month.
6-years left on Lease plus options to renew.
Owner Qualifications:
$400,000 Net Worth required to become a Franchise.
Competition:
Ask broker
Potential Growth:
Ask broker