Italian Gourmet Deli/Pizzeria and Restaurant!

Cumming, GA (Forsyth County)

Italian Gourmet Deli/Pizzeria and Restaurant!
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Asking Price: Get Financing: $319,000

Cash Flow: N/A

Gross Revenue: $809,192

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $3,119 /Month

Established: 2012

Italian Gourmet Deli/Pizzeria and Restaurant!

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Business Description

Family owned authentic Family Italian restaurant, deli and pizzeria. Established in 2012, the restaurant has received multiple awards year after year. The business continues to flourish due to its excellent reputation, exceptional food and popular location-offering eat-in dining, take out delivery and catering services. Beer and wine also available in the cozy restaurant. The menu features a variety of specials and signature dishes originating from Italy and prepared using recipes handed down through generations. A perfect combination of fresh ingredients and authentic Italian recipes brings loyal customers back time and time again for award winning pizza, fabulous sandwiches and delectable desserts.
The owners conduct business “the old fashion way” with personalized service, fresh quality ingredients and attention to detail. They have a loyal customer base and a great reputation because of total customer satisfaction. Top reviews and ratings compliment the quality and personalized service.
This fabulous location has blossomed into a business with a great reputation in the community due to its uncompromising quality and dedication to service.

The restaurant offers, breakfast, lunch, dinner, take-out, delivery service, party packages, catering and deli section. Restaurant serves beer and wine. It’s open 7 days a week.

Semi-absentee ownership and the owner is now retiring.
Located in booming area with fantastic gross revenue increases:
Gross sales history: 2017-$809,000; 2016-$661,000; $500,700. Sales continue to grow through word of mouth. Owner does very little marketing.
Great lease with low rent below 5% of gross revenues.
Call Michael Golkin at 404-903-8443 for more information.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
9/30/2019
Employees:
14 FT & PT
Facilities:
Fabulous lease: 2,400 rentable square feet with all in cost of only $3,119.00 per month. Lease expires in September, 2019. The cozy dining room seats 88 and there’s outdoor seating area for 7. They are open 7 days and there is plenty of parking in front of the restaurant. Busy location with plenty of visibility. Very popular and desirable location near businesses, retail, professional buildings, shopping centers, government buildings residential areas. Great Lease! Great location! Great Opportunity!
Competition:
This is an established, independently owned rapidly growing business in a rapidly growing county! Food is their passion! There is no other like it in the area. It beats all the competition in the area and is the best Italian Deli/Pizzeria/Restaurant specialty in the entire county. Their staff treats the customers like family. Many customers eat-in or carry-out multiple times a week. Many new customers weekly as the area continues to grow! A total turn-key operation-a gold mine opportunity for the new owners!
Growth & Expansion:
There is plenty of opportunities to build on this already successful business! They are grossing over $15,500 a week and have built this without very little marketing. Imagine how much more potential there is by increasing social presence.
Support & Training:
The owner will provide training for 2 weeks
Reason for Selling:
Owner is retiring
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Contact the Seller

(from currently available funds)
 
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Michael Golkin, CPA

Business Listed By:
Michael Golkin

Metrobrokers Inc.

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Sponsoring Broker:
Kevin Levent

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