Metro Atlanta Full Service Restaurant for Sale
Metro Atlanta Full Service Restaurant for Sale
Price: $850,000
Location: Fulton
Industry: Food Services and Drinking Places (NAICS 722)
Listing ID: 3011
Metro Atlanta Full Service Restaurant for Sale.
Upscale Casual.
7,000sf on 3-Acres.
Tons of dedicated parking.
2019 Gross Sales was $1,941,397.95
2019 Net Profit was $416,446.40
2018 Net Profit of $319,054.58.
2018 Gross Sales was $1,917,395.
Solid books with Federal Tax Returns to prove.
Retirement forces sale.
Same Owner over 20-Years.
Turnkey w/Great Support and Training by Owner who is also Landlord.
Long term lease at $20,000 monthly includes CAM.
Real Estate Taxes run $12,000 annually.
Seating for 300-guests.
Stunning outdoor patio 100.
Bar seats 30.
The restaurant includes three private dining rooms that open to own outdoor courtyards.
Full front and back of the house staff make for a flawless transition.
The loyal staff has been with the Owner up to 20-years.
Proven business but could be converted to another concept if desired.
Priced at $850,000 with very generous Owner financing options available.
Gross Revenue: $1,941,397
Cash flow: $416,446
Reason For Sale:
Retirement.
Training & Support:
Turnkey w/Great Support and Training by Owner who is also Landlord.
Year Established: 2000
Days & Hours of Operation: Ask broker
Owner Hours Per Week: Ask broker
Non-Owner Payroll: Ask broker
Employees: Ask broker
Managers: Ask broker
Monthly Rent: $20,000
Type of Location: Freestanding
Square Footage: 7,000
Facilities Information:
7,000sf on 3-Acres.
Tons of dedicated parking.
Long term lease at $20,000 monthly includes CAM.
Real Estate Taxes run $12,000 annually.
Seating for 300-guests.
Stunning outdoor patio 100.
Bar seats 30.
The restaurant includes three private dining rooms that open to own outdoor courtyards.
Historical Summary:
Ask broker.
Owner Qualifications:
Ask broker.
Competition:
Ask broker.
Potential Growth:
Ask broker.
Financing/Terms:
Some, ask broker for details.