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Metro ATL Freestanding Restaurant for Sale – 2018 Net Profit $319K9,

Atlanta, GA (Fulton County)

Seller Financing Available
Metro ATL Freestanding Restaurant for Sale – 2018 Net Profit $319K9,
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Asking Price: $900,000

Cash Flow: $319,054

Gross Revenue: $1,917,395

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $20,000 /Month

Established: 1998

Metro ATL Freestanding Restaurant for Sale – 2018 Net Profit $319K9,

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Business Description

Metro Atlanta Freestanding Restaurant for Sale – 2018 Net Profit $319,054.58 – 7,000sf on 3-Acres – Same Owner 20-Years – Turnkey w/Great Support – Solid Books w/Tax Returns.

Metro Atlanta Freestanding Restaurant for Sale.

Upscale Casual.

7,000 sf on 3-Acres.

Tons of dedicated parking.

2018 Net Profit of $319,054.58.
2018 Gross Sales was $1,917,395.

2019 year to date numbers are up running up to 35% higher than 2018.

Solid books with Federal Tax Returns to prove.

Same Owner 20-Years.

Turnkey w/Great Support and Training by Owner who is also Landlord.

Long term lease at $20,000 monthly includes CAM.

Real Estate Taxes run $12,000 annually.

Seats 300-guests.
Stunning outdoor patio 100.
Bar seats 30.
Restaurant includes three private dining rooms that open to own outdoor courtyards.

Full front and back of the house staff makes for flawless transition.
Loyal staff has been with Owner up to 20-years.

Proven business but could be converted to other concept.

Priced at $900,000 with some Owner financing available.

Detailed Information

Location:
Atlanta, GA
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
N/A
Facilities:
7,000 sf on 3-Acres. Tons of dedicated parking. Long term lease at $20,000 monthly includes CAM. Real Estate Taxes run $12,000 annually. Seats 300-guests. Stunning outdoor patio 100. Bar seats 30. Restaurant includes three private dining rooms that open to own outdoor courtyards.
Competition:
Ask business broker for details.
Growth & Expansion:
Ask business broker for details.
Financing:
Some
Support & Training:
Ask business broker for details.
Reason for Selling:
Retiring.
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(from currently available funds)
 
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Steven Josovitz

Business Listed By:
Steven L. Josovitz

Shumacher Restaurant Brokers

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

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