Business Overview:
This diner is located in the heart of downtown Decatur. This business was just sold in October but new absentee owner has no full service experience and not able to grow or manage business thus reason for sale.
This metro Atlanta big money maker restaurant just went under a $600,000 renovation that included all new HVAC, plumbing, electrical, grease trap along with a fully equipped kitchen. All furniture, fixtures, and equipment is brand new as well. Adding beer and wine plus delivery service dramatically increase sales.
Incredible location surrounded by retail, restaurants, art galleries, office buildings, colleges and tons of middle to high income residences. Restaurant has incredible frontage at the corner of very high trafficked car and foot traffic.
Owner will allow full on-site due diligence of all books and records along with full observation of business when under contract. Seller will allow Buyer to have auditor recording all daily sales during due diligence.
Priced at $450,000. Keep or convert!
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:
This is one of the hottest corners in all of Metro Atlanta with incredible visibility, frontage high traffic car and foot traffic at the intersection of Church Street and Ponce De Leon Avenue. John Kessler of the AJC in his Sunday October 30, 2011 cover story raves that Decatur is now Atlanta’s hottest dining destination.
This metro Atlanta big money maker restaurant just went under a $600,000 renovation that included all new HVAC, plumbing, electrical, grease trap along with a fully equipped kitchen. All furniture, fixtures, and equipment is brand new as well.
3,300 SF plus 1,500 SF outdoor patio. Seating for 70 inside plus 60 outdoors. Long term lease at $6,500 per month plus CAM of $1,250.
Market Competition and Expansion:
Adding beer and wine plus delivery service dramatically increase sales. Keep current concept or convert.
Reason for Selling:
Absentee owner with no experience.
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.