Profitable Casual Dining Restaurant in Athens, Georgia

Athens, GA (Clarke County)

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Asking Price: $139,500

Cash Flow: $51,529

Gross Revenue: $601,289

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,124.80 /Month

Established: 1979

Profitable Casual Dining Restaurant in Athens, Georgia

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Business Description

National Sandwich Franchise for Sale Steps from University of Georgia main entrance - Est. 40-Years - Profitable & Turnkey. Keep as existing Franchise or Convert. Annual Sales of over $600,000 generating Owner Earnings of $50,000 with Upside!
This full-service sandwich franchise for sale is a local icon and has been operating for decades. Students, professors, UGA staff and residents alike frequent this profitable sandwich franchise to enjoy their diverse menu of sandwiches, salads, wraps, sides, and beer. Great reputation with terrific reviews and feedback on Facebook, Google, Yelp, and any other online reviews. Award-winning food and excellent location in pedestrian-friendly downtown Athens. In business continuously in the same location since 1979. Owner can keep or convert.
Large customer base in downtown Athens. In addition to the University of Georgia, within walking distance, there are 8 hotels, four major student housing apartment complexes and several smaller complexes. Additionally, several music venues (including the internationally recognized Georgia Theater and 40 Watt Club) are located within 4 blocks. This sandwich franchise for sale has a loyal local customer base as well. We Sell Restaurants will help you take over this incredibly rare opportunity with ease!
High-quality, local labor market; the university and the local music scene provide a constant source of quality, self-motivated employees. Stable staff with low turnover. The current crew is highly experienced including several long term employees, with most employees being cross-trained. Several areas outside of downtown Athens are perfect for opening additional franchise units, giving the buyer the ability to capitalize on the great reputation of this franchised brand. Attaining the rights to expand in the area should be easy for the right franchisee.
Owner/operator is ready to fully retire. For the past few years, he has been working part-time, with his experienced staff handling much of the day to day operation independently. A full-time owner-operator should be able to increase their earnings substantially making this sandwich franchise for sale this a great buy!
Annual 2018 revenue exceeded $600,000. The lease is a reasonable $6000 per month and has eight years remaining. This profitable franchise for sale is over 1700 square feet and can seat over 50 customers inside and there are tables and chairs outside at the popular sidewalk cafe area for additional seating.
A new owner will enjoy both owner and franchise training to ensure their continued success. Royalties and Advertising fees combined are a very reasonable 6%. If you are a hard-working, self-motivated businessperson looking for an established owner-operated business with expansion capability, this is it! Don't miss out on this unique opportunity to own this profitable sandwich franchise for sale in an amazing place to call home. Athens is a great place to live.

Detailed Information

Location:
Athens, GA
Real Estate:
Leased
Building SF:
1,740
Lease Expiration:
7/31/2028
Employees:
16
Facilities:
1 Witt Refrigeration Unit in Walk in Exterior Refrigerator 1 Blue Air 2 door freezer 1 True 1 door freezer 1 True 1 door refrigerator 1 Superior 3 keg refrigerator 1 True 2 door half open salad refrigeration unit 5 feet 1 Blue Air 2 door open sandwich refrigeration unit 4 feet 1 Mantiwoc ice machine with ice bin 1 Saba 45 fryer gas 1 Ultra Max flat top grill 3 thermostat gas 1 Vertical gyro rotisserie gas 1 Vollrath Cayenne heat unit 1 heat strip with lights 1 Lenox Elite Series AC unit 1 Lenox air handler 1 Lenox Heat Pump with air handler 2 programmable HVAC thermostats 1 Rheem Rheemglass hot water heater 1 72 x 36 hand crafted solid mahogany dining table 2 42 x 26 counter-height dining tables hand crafted solid red oak 1 48 x 24 counter height dining table hand crafted solid red oak 4 30 inch stainless steel cafe tables 6 36 x 30 wood cafe tables 1 46 x 30 wood cafe table 3 27 inch wood cafe tables 1 48 x 24 stainless steel table with shelf 1 24 x 24 stainless steel table with shelf 1 30 x 20 stainless steel table with shelf 36 wooden chairs 14 patio chairs 21 counter height stools hand crafted solid red oak 1 36 x 18 wire shelf unit coated 5 48 x 24 wire shelf units coated 1 24 x 30 Metro wire shelf unit 3 48 x 24 Metro wire shelf units 1 60 x 24 Metro wire shelf unit 1 72 x 24 stainless steel wire shelf unit 1 POS register system 1 Sentry safe digital 1 2 drawer file cabinet 1 4 drawer file cabinet 1 small desk 1 28 drawer employee locker system 1 logo sign painted 1 neon framed logo sign 1 mop sink 2 hand sinks 1 3 hole sink 1 vegetable sink 2 toilets 1 stainless steel tall kitchen trash can 3 48 gallon trash cans 1 Onkyo stereo receiver 4 speakers 1 antique rug wall hanging 1 painting original by Jill Carnes 1 ink drawing Bulldog original by Michael Davenport 2 board paintings original by Nick Loki 2 ink drawings original by Diane Radford 1 Georgias Covered Bridges Collage of Photographs by Brian Crum 1 Van Gogh print 2 53 x 29 framed mirrors 7 potted plants 2 ceiling fans various tools of the trade spatulas knives scales containers lids
Competition:
Located near UGA
Growth & Expansion:
Delivery Catering
Support & Training:
Franchise and Owner Training
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://www.wesellrestaurants.com
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Steve Weinbaum

Business Listed By:
Steve Weinbaum

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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