Cumming GA Casual Italian Restaurant & Pizzeria for Sale w/Full Pouring License & Big Patio – Well Est – 2021 Net $650,000 on $3.3M Sales – SBA Friendly – Great Books – Fully Staffed – Easy to Run
Cumming GA Casual Italian Restaurant & Pizzeria for Sale w/Full Pouring License & Big Patio – Well Est – 2021 Net $650,000 on $3.3M Sales – SBA Friendly – Great Books – Fully Staffed – Easy to Run
Price: $3,250,000
Location: Forsyth
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 5051
Cumming GA Casual Italian Restaurant & Pizzeria for Sale
Well established.
Nationally anchored shopping center.
2022 Sales and Profit are higher than 2021.
2021 Net Profit-Owner Salaries $650,000 after all expenses.
2021 Gross Sales $3,341,660.
2020 was only down 3% but 2021 was incredible.
The rent is $7,300 monthly, all in.
Ten-year lease.
5-year option to renew.
SBA Friendly.
Great Books.
Fully Staffed with almost 70 on the payroll.
Easy to Run.
Loyal Staff, Management Team, and Executive Chef guarantee flawless transition.
The owner will stay on to train the Buyer at no additional cost.
The owner only spends about 30-35 hours a week at the restaurant making this almost absentee.
3,500/SF.
Seating for 175.
Big outdoor patio seats 50.
Brand new HVAC.
Clean and efficient kitchen.
Gross Revenue: $3,341,660
Cash flow: $650,000
Reason For Sale:
Other business interests.
Training & Support:
Loyal Staff, Management Team, and Executive Chef guarantee flawless transition.
Days & Hours of Operation: Ask broker.
Owner Hours Per Week: Ask broker.
Non-Owner Payroll: Ask broker
Employees: 69
Managers: Ask broker
Monthly Rent: 7300
Type of Location: Anchored center
Square Footage: 3500
Facilities Information:
Nationally anchored shopping center.
3,500/SF.
Seating for 175.
Big outdoor patio seats 50.
The rent is $7,300 monthly, all in.
Ten-year lease.
5-year option to renew.
Brand new HVAC.
Clean and efficient kitchen.
Competition:
Ask broker
Potential Growth:
Ask broker