Toco Hills/Emory Casual Restaurant-Open, Profitable-75% Financing

Decatur, GA (Dekalb County)

Seller Financing Available
Toco Hills/Emory Casual Restaurant-Open, Profitable-75% Financing

Asking Price:$225,000

Cash Flow:$103,600

Gross Revenue:$600,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Toco Hills/Emory Casual Restaurant-Open, Profitable-75% Financing

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Business Description

This Toco Hills-Emory Area casual restaurant for sale has been opened for thirty years.
Serves Beer and Wine.
Easy to operate.

2015 Gross Sales; $600,000
2015 Net Profit: $103,600 after all expenses, rent and full staff that includes full time hourly Chef.
Two Partners alternate days on-site and work approximately 35-hours apiece.

Restaurant is fully up to code and in excellent condition with brand new HVAC.

Priced at $225,000 with up to 75% Owner financing based on Offer and financial strength and experience of Buyer.

Detailed Information

Facilities:
4,000/sf. Seating for 169. Below market lease terms with options: Year One: $14.28/sf Year Two: $20.00/sf Year Three: $25.00/sf Year Four: $28.00/sf Option Year Increase: 3%. CAM: $1.08/sf. Real Estate Taxes: $2.23/sf. Insurance: $0.43sf.
Financing:
Up to 75% Owner financing based on Offer and financial strength & experience of Buyer
Support & Training:
Please ask broker.
Reason for Selling:
Other business interests.

Listing Statistics for Premium Members

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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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