Business Overview:
This Metro Atlanta Suburban Italian Restaurant, Pizzeria and Bar grosses $120,000 per month with an absentee owner who has a full staff in place. Restaurant currently breaks even after paying all expenses plus two managers and a chef.
Almost $500,000 was spent in 2010 to open doors. No expense was sparred in creating a stunning restaurant and bar.
Travel time and distance stops Seller from being more hands on and building business. This is a sale with a Italian restaurant group that is very famous in Atlanta with over 22 years serving Atlanta. Keep as is as a licensee of restaurant group or convert to own name.
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:
Space is 4,800 sq. ft. with seating for 190 which includes a a 50 seat private dining room and 15 seat bar. Outdoor patio seats 35. Long term lease at $7,500 which includes all extras. Six years remain on current lease with two-five year options to renew. Ample parking.
Market Competition and Expansion:
Give more hands on focus and building the business will increase revenues. This is a sale with a Italian restaurant group that is very famous in Atlanta with over 22 years serving Atlanta. Keep as is as a licensee of restaurant group or convert to own name.
Reason for Selling:
Absentee Owner.
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.
Resources: