SOLD 6/7/21: North Atlanta Franchise Sub Shop Restaurant for Sale – $400K Opening Costs – Profitable – Full Hooded Kitchen – Absentee Owner- Keep or Convert
SOLD 6/7/21: North Atlanta Franchise Sub Shop Restaurant for Sale – $400K Opening Costs – Profitable – Full Hooded Kitchen – Absentee Owner- Keep or Convert
Price: $120,000
Location: Gwinnett
Industry: Food Services and Drinking Places (NAICS 722)
Listing ID: 3082
North Atlanta Franchise Sub Shop Restaurant for Sale.
Nationally anchored center.
Middle to high incomes.
High traffic.
1,500/sf
Seating for 50.
Outdoor seating.
$3,100 monthly rent all in.
$400,000 opening costs.
Fully hooded kitchen.
Absentee Out-of-Town Owners.
2019 Gross Sales $372,314.36
2019 Net Profit $$54,684.09
2020 Gross Sales $374,708.37
2020 Net Profit $87,245
Net profit is after all expenses and payroll.
Full Management and Staff ensures flawless transition.
Some Owner financing.
Gross Revenue: $374,708
Cash flow: $87,245
Reason For Sale:
Absentee owners.
Training & Support:
Ask 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: Ask broker.
Managers: Ask broker.
Monthly Rent: 3100
Type of Location: Ask broker
Square Footage: 1500
Facilities Information:
High traffic.
1,500/sf
Seating for 50.
Outdoor seating.
$3,100 monthly rent all in.
$400,000 opening costs.
Fully hooded kitchen.
Historical Summary:
Ask broker.
Owner Qualifications:
Ask broker.
Competition:
Ask broker.
Potential Growth:
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Financing/Terms:
Some, ask broker for details.