North Atlanta GA Greek American Restaurant for Sale w/Pizza Ovens – Est 32 Years – High Traffic – Open, Staffed, & Profitable
North Atlanta GA Greek American Restaurant for Sale w/Pizza Ovens – Est 32 Years – High Traffic – Open, Staffed, & Profitable
Price: $325,000
Location: Fulton
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 6121
North Atlanta Greek American Restaurant for Sale.
High-traffic location.
Middle to high incomes.
Great Lunch Market.
2,100/SF.
Fully equipped.
Pizza can be added to the menu or business can be converted to pizzeria.
The kitchen includes two pizza ovens and a 60/Qt Mixer.
Seating for 75.
$4,625 Monthly Rent, ALL IN includes CAM & Water.
Five-year lease.
Option to renew for an additional five years.
Family-owned for 32-years.
Fully staffed.
Closed Sunday.
Short hours.
2022 Gross Sales $746,797.
2022 Net Profit $290,800 with two Partners working business full time.
2023 Gross Sales are tracking very close to 2022.
2023 is looking to be about $150,000 based on the restructuring of the business and hiring a full-time General Manager and Kitchen Manager.
Priced $325,000 with Owner financing options available.
Gross Revenue: $746,797
Cash flow: $290,800
Reason For Sale:
Other business interests
Training & Support:
Fully staffed.
Year Established: 1991
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: 4625
Type of Location: High-traffic location. Middle to high incomes.
Square Footage: 2100
Facilities Information:
2,100/SF.
Fully equipped.
Seating for 75.
The kitchen includes two pizza ovens and a 60/Qt Mixer.
$4,625 Monthly Rent, ALL IN includes CAM & Water.
Five-year lease.
Option to renew for an additional five years.
Closed Sunday.
Short hours.
Competition:
Ask broker
Potential Growth:
Pizza can be added to the menu or business can be converted to pizzeria.
Financing/Terms:
Ask broker for details.