SOLD 1/10/22: Ellijay GA Pizzeria for Sale – Est. 30 Years – $14,000 Monthly Net Profit – Nationally Anchored North GA Mountains Shopping Center – Below Market Price
SOLD 1/10/22: Ellijay GA Pizzeria for Sale – Est. 30 Years – $14,000 Monthly Net Profit – Nationally Anchored North GA Mountains Shopping Center – Below Market Price
Price: $275,000
Location: Gilmer
Industry: American Restaurants
Listing ID: 4025
SOLD:
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, and or Ownership. Documentation and Inspections will be provided upon request)
Pizza King is located at 200 Old Orchard Square, East Ellijay, GA 30540.
Nationally anchored Ingles Shopping Center with Post Office and Burger King on an out-parcel.
Beautiful North GA Mountains location.
2,000/sf.
Seating for 42.
$3,100 monthly rent, all in.
$100 annual increases.
Established 1992.
Gross Sales 2019 $753,000
Net Profit 2019 $180,000
Gross Sales 2020 $815,000
Net Profit 2020 $180,000
Gross Sales 2021 Monthly $70-000 -to $75,000
Net Profit 2021 Monthly $14,000
Restaurant run by Husband-Wife team with 2-Drivers, 3-Cashiers, and 5-Cooks.
Full training and support included in the sale.
Gross Revenue: $815,000
Cash flow: $180,000
Reason For Sale:
Other business interests.
Training & Support:
Ask broker.
Year Established: 1992
Days & Hours of Operation: Ask broker.
Owner Hours Per Week: Ask broker.
Non-Owner Payroll: Ask broker.
Employees: Restaurant run by Husband-Wife team with 2-Drivers, 3-Cashiers, and 5-Cooks.
Monthly Rent: 3100
Type of Location: Shopping center.
Square Footage: 2000
Facilities Information:
Nationally anchored Ingles Shopping Center with Post Office and Burger King on an out-parcel.
Beautiful North GA Mountains location.
2,000/sf.
Seating for 42.
$3,100 monthly rent, all in.
$100 annual increases.
Location: Old Orchard Square you can stock your pantry at Ingles, dine at Okinawa Hibachi & Sushi or Pizza King, get a mani/pedi at Lucky Nails, focus on wellness at Benchmark Physical Therapy or shop for your home at Black Bear Antiques or Farmers Home Furniture. Conveniently located on SR-515 in East Ellijay.
Competition:
Ask broker.
Potential Growth:
Ask broker.