Business Overview:
Midtown deli restaurant for sale has unbelievable rent structure. Rent of $1000 per month or 7% of sales! We're not kidding! Fantastic opportunity for new concept. This Midtown Restaurant for sale is serving up a lunch deli menu but could easily convert to another concept. Excellent high traffic location. This is a can't miss location in one of Metro Atlanta's best business addresses.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Restaurant is fully equipped to turn out the volume where most of the sales are done at lunch time in a super high traffic, super location. Restaurant is known for its gyros, salads, pitas, subs, and more. New owner will need to add a hood and get a liquor license to change concept of location. Landlord would like new owner to be open for evenings to serve the working professionals in area. The deli restaurant is 2,086 sq. ft. with additional 656 sq ft that could be converted to additional seating. The restaurant features plenty of seating to turn out the volume for a hi-traffic location along with an outdoor patio that seats 50. Great street availability makes this location prime for lunch and dinner crowds. The rent is incredible with current owner only paying 7% of gross sales with minimum monthly rent $1000. Owner states he is making $60000 plus/year with just working 20 hours/week.Current owner is open 5 days a week from 7am-3pm. Great opportunity for new owner to conduct business 7 days a week and for longer hours to increase net profit. Sales of $160,000 last year. This fully equipped kitchen has refrigeration and freezers, expansive prep stations, grease trap and more. This is an asset sale no books or records will be shown. Buyer is purchasing restaurant and assets with an unbelievable location.
Market Competition and Expansion:
Midtown Restaurant for sale occupies prime restaurant space in prestigious business district. Midtown has grown into one of Atlanta’s most prestigious business districts, with more than 24 million square feet of office space and 86,000 employees reporting to work each day.
Reason for Selling:
Owns Multiple Other Concepts
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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