Atlanta Bread National Sandwich & Bakery Cafe Franchise-TurnKey, Mint

Hickory, NC (Catawba County)

Atlanta Bread National Sandwich & Bakery Cafe Franchise-TurnKey, Mint

Asking Price:$550,000

Cash Flow:$148,955

Gross Revenue:$1,214,840





Atlanta Bread National Sandwich & Bakery Cafe Franchise-TurnKey, Mint

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Business Description

This Atlanta Bread Franchise is located in Hickory, N.C.
Opened in 2003 at a cost of almost $1,000,000. $250,000 was just spent on a stunning renovation with an incredible modern touch which started March 2015 and is slated to be completed August 31.

2014 Gross Sales during a year of renovation still managed a very healthy Net Profit of $148,955 on Gross Sales of $1,214,840.25 after paying all expenses, Assistant GM-$43,000 and Assistant Manager-$26,000 annually with only Assistant GM covered under insurance plan.
Owner only puts in about 20-hours per week and covers two shifts.

2015 gross sales are $1,213,662.00

Net income estimate is $52,000 with over three months of remodel.
In January to date unit up over last year by about 5%.

This unit is ranked #1 by Franchisor of all Atlanta Bread businesses.

Priced at $550,000 plus Franchise Transfer Fees and food inventory paid at Seller invoice cost.

Detailed Information

Newly renovated, 4,000/sf end cap seats 94 inside and 40 guests outside. $9,200 monthly rent all in. Three years remain on Primary Lease with a five year option to renew. High traffic anchored location adjacent to Dick’s and Target on high traffic road only 45-minutes to Charlotte.
Support & Training:
Please ask broker for details.
Reason for Selling:
Other business interests.
This business is an established franchise

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Steven Josovitz

Business Listed By:
Steven Josovitz

Shumacher Restaurant Brokers

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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