4 Store Multi Unit Opportunity in Hot North Atlanta Market

Cumming, GA (Forsyth County)

4 Store Multi Unit Opportunity in Hot North Atlanta Market
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Asking Price: $1,195,000

Cash Flow: N/A

Gross Revenue: $4,100,000

EBITDA: $439,000

FF&E: $248,000

Inventory: $48,000

Rent: $16,000 /Month

Established: 1996

4 Store Multi Unit Opportunity in Hot North Atlanta Market

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Business Description

Motivated Seller Offering 1 to 4 Profitable Fast Casual Restaurants

Multi-Unit Opportunity new on the market! Selling four separate profitable well established franchise fast casual restaurant locations all within 22 miles of each other. All units in the 400 corridor in the highest demographic growth areas.

Owner would consider selling in single, 2 unit, or 4 unit package based on buyer preference. Solid leadership and seasoned staff in place to operate in absentee situation.

PRICE TO SALE as owner has other business obligations. Operating partner in position to take over for absentee owner..

One store opened in 2017 and is the brand showcase for the franchise. Other 3 stores have been operating for 15+ years. Perimeter store location #1 in catering revenue for entire franchise in 2018.

Multi unit synergy is perfect to manage by a district manager in a absentee owner situation. GM in place that is ready to take on that role.

All are located in North Atlanta in A+ demographic locations in Fulton and Forsyth county. All can operate with synergistic shared resources, marketing, and sales. All stores benefit by solid operations, best in class catering, seasoned staff, including experienced GM’s in place, and loyal customers.

New catering and 3rd party signed contracts in place to generate $350k of incremental revenue in 2019 and beyond.

Restaurants did $4.1 million + in volume in 2018 and will produce over $400k in net income in 2019.

Qualified buyer can assume $180k SBA loan!

Serious inquiries only. Must have minimum proof of funds / liquidity to learn the name, addresses, and review of financial data including a signed NDA.

Owner is motivated to sell based on other business interest but will stay and assist new owners in a smooth transition.

Owner would also consider separately selling each unit. Just call for more details.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Good landlord relations and leases in place with extensions. Each location averages 4,000 square feet. Includes all FF&E including 5 catering vehicles. This is a turn key asset sale.
Growth & Expansion:
Limitless CATERING upside in some of the fastest growing business and residential demographics in the United States. Kiosk contracts in place for $350k + of new revenue in 2019.
Financing:
Assumable SBA Loan available for qualified buyers. $170,000.
Support & Training:
Franchisee will support new owners and provide 2 to 8 weeks worth of additional assistance.
Reason for Selling:
Owner is involved in other business interest.
Franchise:
This business is an established franchise
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Business Listed By:
Dean Ditmar

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