Turnaround Opportunity – Historic Atlanta Restaurant
Turnaround Opportunity – Historic Atlanta Restaurant
Price: $573,000
Location: Fulton
Industry: American Restaurants, Diners, Health Food and Nutrition, Juice Bars, Other Restaurants and Food, Other Service Businesses
Listing ID: 55555-724062
DESCRIPTION
Prime Costs Are Too High - Fix Them And Own A Profitable, Landmark Restaurant!
If you are an experienced Restaurateur, you know that inflated prime costs can be a killer. This restaurant is currently operating with prime costs around 80%! Absentee ownership has further compounded the challenges. However, beneath all of this lies an Atlanta landmark with the potential to be very profitable in its own right, never mind the multi-location and franchise potential. Think you've got the chops to get those prime costs under control? Inquire now. We think you'll be glad you did.
LISTING DETAILS
Gross Revenue: $1,952,094
Cash flow: N/A
FFE Included: 90500
Reason For Sale:
Remote Management
Training & Support:
Included, 2 weeks
OPERATION
Employees: 30
Managers: 2
LOCATION
Monthly Rent: 6500
Type of Location: Free standing building