Owner Financing is Available!
Business Overview:
Owner retiring after 25 years operating Rafeedie’s Catering. This restaurant is at the gates of West Midtown and just a couple minutes drive to anywhere in Midtown, Atlanta and Buckhead. Midtown Atlanta is home to a vibrant cultural community, bringing together people from every walk of life. Ideal for any full service or casual concept including catering commissary.
Key money requirement of $115,000 to buy furniture, fixtures, equipment and right to lease. Owner financing options possibly available to qualified buyer. Sellers corporate accounts which total about $300,000 could be acquired if buyer keeps catering component.
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:
Freestanding 4,500 sq. ft. with 35 parking spaces. Location is located in Midtown Atlanta just steps from and from the Antico Pizza Neapolitana one of the hottest pizza joints int eh country and Georgia Tech one of the country’s premier universities with major sports programs that on game day adds a large influx of potential customers. This restaurant is at the gates of West Midtown and just a couple minutes drive to anywhere in Midtown, Atlanta and Buckhead.
Monthly rent is only $2,800 plus CAM of $1,000 which includes water and waste. Fully equipped kitchen includes 20-foot hoods, grease traps, and everything needed to cook any cuisine.
Market Competition and Expansion:
Ideal for any full service or casual concept including catering commissary. Many of the city’s trendy restaurants and bars are located in Midtown. An estimated 52% of all of the city’s nightclubs are located in Midtown.
Sellers corporate accounts which total about $300,000 could be acquired if buyer keeps catering component.
Reason for Selling:
Retiring.
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: