Midtown Atlanta GA Restaurant for Sale – High Traffic Westside Location – Fully Equipped – Keep or Convert
Midtown Atlanta GA Restaurant for Sale – High Traffic Westside Location – Fully Equipped – Keep or Convert
Price: $299,000
Location: Fulton
Industry: American Restaurants, Delis and Sandwich Shops, Miscellaneous Restaurant and Bars
Listing ID: 6016
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, and or Ownership. Documentation and Inspections will be provided upon request)
West Midtown Atlanta GA Franchise Restaurant for Sale.
Mamoun’s Falafel is located at 1269 Northside Drive NW, Suite #720, Atlanta, GA 30318.
High-traffic location minutes to all of Metro Atlanta.
Longtime local Middle Eastern chain serving falafel, shawarma, kebabs & more in a traditional space.
Original Mamoun’s Falafel is situated in the heart of Greenwich Village in New York City, Mamoun’s Falafel has been serving high-quality, authentic Middle Eastern food since 1971. It is the oldest falafel restaurant in New York and one of the first Middle Eastern establishments in the United States.
1,500/SF.
Full kitchen.
Great Staff.
This unit opened in February 2020.
$600,000 opening costs.
Seating for 20.
Outdoor patio seats 18.
This sale includes territory rights to open additional units in Metro Atlanta, Dunwoody, Sandy Springs, Perimeter, Cobb, and Athens GA.
$80,000 was paid by Seller upfront for additional four units.
The monthly rent is $7,500 all in.
7-years remain on lease with 2×5 year options to renew.
2022 Gross Sales $885,000.
2022 Net Profit $129,000.
Gross Revenue: $885,000
Cash flow: $129,000
Terms and Conditions?:
This sale includes territory rights to open additional units in Metro Atlanta, Dunwoody, Sandy Springs, Perimeter, Cobb, and Athens GA.
$80,000 was paid by Seller upfront for additional four units.
Reason For Sale:
Other business interests
Training & Support:
Ask broker
Year Established: 2020
Days & Hours of Operation: Monday – Sunday: 11 am – 9 pm
Owner Hours Per Week: Monday – Sunday: 11 am – 9 pm
Non-Owner Payroll: Ask broker
Employees: Ask broker
Managers: Ask broker
Monthly Rent: 7500
Type of Location: High-traffic location minutes to all of Metro Atlanta.
Square Footage: 1500
Facilities Information:
1,500/SF.
Seating for 20.
Outdoor patio seats 18.
Full kitchen.
The monthly rent is $7,500 all in.
7-years remain on lease with 2×5 year options to renew.
High-traffic location minutes to all of Metro Atlanta.
This sale includes territory rights to open additional units in Metro Atlanta, Dunwoody, Sandy Springs, Perimeter, Cobb, and Athens GA.
Hours: Monday – Sunday: 11 am – 9 pm
Owner Qualifications:
Ask broker
Competition:
Ask broker
Potential Growth:
This sale includes territory rights to open additional units in Metro Atlanta, Dunwoody, Sandy Springs, Perimeter, Cobb, and Athens GA.
$80,000 was paid by Seller upfront for additional four units.