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Business For Sale

Midtown RE Sale Leaseback Invst.w/Long Term Tenant

Atlanta - Midtown, GA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$950,000
Not Disclosed
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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0
344829193

Business Overview:

This was a famous and critically acclaimed Midtown Atlanta upscale casual hi energy chef driven restaurant and is now operated as GEKKO. The restaurant is a stunning architectural beauty created by RCG an Atlanta based design firm. The business was very successful but another opportunity forced sale. New Tenant has signed a long term lease at $8,000 per month plus $500 for per month for two seller owned parking spaces. Real Estate and all assets including furniture, fixtures, equipment of former Owner/Operator excluding business are available for $1,100,000.

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:

3,200 sq. ft. with seating for almost 100 guests plus full service wine and food friendly bar and forty seat outdoor covered patio. All furniture, fixtures, and equipment are in great shape with “State of the art” kitchen. New Tenant has signed a long term lease at $8,000 per month plus $500 for per month for two seller owned parking spaces. Real Estate and all assets including furniture, fixtures, equipment of former Owner/Operator excluding business are available for $1,100,000.

Market Competition and Expansion:

There are no restriction at this site so any upscale or casual concept works.

Reason for Selling:

Another business opportunity.

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: