North Metro Atlanta GA Italian Restaurant & Pizzeria for Sale – One Owner 35 Years – 2022 Net $879K on $4M Sales – SBA Friendly – Great Books
North Metro Atlanta GA Italian Restaurant & Pizzeria for Sale – One Owner 35 Years – 2022 Net $879K on $4M Sales – SBA Friendly – Great Books
Price: $3,250,000
Location: Forsyth
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 6008
North Metro Italian Restaurant & Pizzeria for Sale.
Well established with same Owner for almost 35-years.
Great location.
2022 Gross Sales $4,056,280.23.
2022 Net Profit-Owner Salaries $879,397.89.
2021 Net Profit-Owner Salaries $650,000.
2021 Gross Sales $3,341,66.
The rent is $7,300 monthly, all in.
Ten-year lease.
5-year option to renew.
SBA Friendly.
Clean Books.
Fully Staffed.
Loyal Staff, Management Team, and Executive Chef guarantee flawless transition.
Free training period.
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.
Priced at $3,250,000
Gross Revenue: $4,056,280
Cash flow: $879,397
Reason For Sale:
Other business interests.
Training & Support:
Loyal Staff, Management Team, and Executive Chef guarantee flawless transition.
Year Established: 1988
Days & Hours of Operation: Ask broker.
Owner Hours Per Week: Ask broker.
Non-Owner Payroll: Ask broker
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