Cobb Pkwy. 200-Seat Restaurant & Bar w/Lg. Patio-Kitchen w/Wood Fired

Marietta, GA (Cobb County)

Seller Financing Available
Cobb Pkwy. 200-Seat Restaurant & Bar w/Lg. Patio-Kitchen w/Wood Fired

Asking Price:$350,000

Cash Flow:$99,000

Gross Revenue:$700,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Cobb Pkwy. 200-Seat Restaurant & Bar w/Lg. Patio-Kitchen w/Wood Fired

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Business Description

Full service casual restaurant and bar steps away from new Atlanta Braves Stadium and Sun Trust Park, Cobb Galleria, Cumberland Mall and 75/285 Interchange making accessibility a snap!

“IN YOUR FACE” with incredible visibility and signage.

Well established Seller invested almost $1,000,000 to open doors. Everything is in mint condition and fully up to code with all assets being fully paid off. Owner has zero debt.

Kitchen is state of the art and includes a wood fire pizza oven.

Net numbers was after paying all expenses and full staff that includes GM, two Assistants.
Seller pulled out almost $100,000 in 2014 on sales of $700,000 but net will be at about $85,000 in 2015 as Owner has shifted focus to another business and is now absentee.

Sale includes tons of already booked large corporate parties starting in January.

Detailed Information

Facilities:
4,200/sf. Seating for 200. 25-Seat Bar. 70-Seat Patio. Kitchen is state of the art and includes a wood fire pizza oven. Unlimited parking. Long term lease with very favorable terms available.
Growth & Expansion:
Keep as is or change to any concept.
Financing:
Some.
Support & Training:
Owner willing to license name and concept with full training and on-going support.

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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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