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Business For Sale

Midtown ATL Restaurant -$1,550 Rent-Big Price Drop

Atlanta, GA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$100,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1992
0
816529193

Business Overview:

This freestanding neighborhood restaurant has been in business since 1992 with the same Owner. Critically acclaimed and a favorite Atlanta Cuban restaurant year after year with an incredible following. Seats 50 including private dining room and outdoor patio that seats 20. Open only Wednesday, Thursday, Friday and Sunday for lunch from 11:30 to 3:00 and dinner from 5:30-9:45. Beer and wine served. Owner pulls out approximately $5,100 per month on only four days. Expanding hours and days could dramatically increase sales. A new design incorporating the adjacent store and expanding patio would add new life to space and neighborhood. Fully equipped and turn key. Keep as is or convert to any concept with only cosmetic changes needed. This is a really nice cafe that would be awesome if it stayed Cuban but Asian, Sushi, Cafe, Mexican, Coffee, Bistro, Italian, Pizzeria are just a few concepts that work great at this location.

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:

Located in in the heart of Midtown Atlanta surrounded by thousands of middle to high income residences and close to Piedmont Park, Peachtree Road, Ponce de Leon, and tons of office and retail. 2,400 sq. ft. with restaurant occupying about two thirds of space. The other part used to be a grocery store owned by same group but now is used to sell Cuban clothes and knick Knacks and can be easily converted to other use. Current configuration seats 50 including private dining room and outdoor patio that seats 20. Long term lease available at only $1,550 including extras is almost the lowest rent of any restaurant space In-Town.

Market Competition and Expansion:

Expanding hours and days could dramatically increase sales. A new design incorporating the adjacent store and expanding patio would add new life to space and neighborhood. Keep as is or convert to any concept with only cosmetic changes needed. This is a really nice cafe that would be awesome if it stayed Cuban but Asian, Sushi, Cafe, Mexican, Coffee, Bistro, Italian, Pizzeria are just a few concepts that work great at this location.

Reason for Selling:

Please inquire.

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: