North ATL Nat’l Franchise Restaurant-$800K Build-Out w/Patio
North ATL Nat’l Franchise Restaurant-$800K Build-Out w/Patio
Price: $195,000
Location: Fulton
Industry: Food Services and Drinking Places (NAICS 722)
Listing ID: 3005
North Atlanta National Franchise Restaurant for Sale
$800,000 Mint Condition Build Out.
3,000/sf.
Spacious seating.
Outdoor Patio.
Modern decor and build-out that could very easily be changed with very minor work.
Plenty of parking
Great Road Visibility.
Middle to High Incomes.
Close to five-country clubs, office parks, hospitals, Mega-Churches, schools, shopping centers, and cinemas.
Long term lease at $7,750 monthly.
Two five-year options to renew.
CAM $552
Insurance $65.
Taxes estimate $497.
The restaurant operates with GM at $58,000, Kitchen Manager $42,000 with P/T of 20.
Absentee owned business runs at break-even on sales exceeding $1,000,000.
A hands-on Owner could easily increase business by local marketing and an on-site presence.
Keep or Convert
$195,000 OBO
Gross Revenue: N/A
Cash flow: N/A
FFE Included: Yes.
FFE: Ask broker.
Reason For Sale:
Absentee owner.
Training & Support:
Ask business broker for details.
Year Established: Ask broker.
Days & Hours of Operation: Ask broker.
Owner Hours Per Week: Ask broker.
Non-Owner Payroll: Ask broker.
Employees: 20 PT
Managers: 2
Monthly Rent: $7,750
Type of Location: Ask broker.
Square Footage: 3,000
Facilities Information:
$800,000 Mint Condition Build Out.
3,000/sf.
Spacious seating.
Outdoor Patio.
Modern decor and build-out that could very easily be changed with very minor work.
Plenty of parking
Great Road Visibility.
Middle to High Incomes.
Close to five-country clubs, office parks, hospitals, Mega-Churches, schools, shopping centers, and cinemas.
Long term lease at $7,750 monthly.
Two five-year options to renew.
CAM $552
Insurance $65.
Taxes estimate $497.
Historical Summary:
Ask broker.
Owner Qualifications:
Ask broker.
Competition:
Ask broker.
Potential Growth:
A hands-on Owner could easily increase business by local marketing and an on-site presence.
Financing/Terms:
N/A