Business For Sale

Atlanta Bread Sandwich Cafe Franchise-TurnKey/Mint

Hickory, NC
Catawba County

Asking Price: Annual Revenue:
$299,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Atlanta Bread Sandwich Cafe Franchise-TurnKey/Mint Broker: Steve Josovitz

Quick Facts

Asking Price: $299,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: Not Disclosed
BBN Listing #: 441729193
Broker Reference #: 1446

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Business Overview:

Atlanta Bread National Sandwich & Bakery Cafe Franchise Ranked #1 – Turnkey, Mint Condition & Profitable Hickory NC

This Atlanta Bread Franchise is located in Hickory, N.C. Brand new renovation.

Opened in 2003 at a cost of almost $1,000,000. $250,000 was just spent on a stunning renovation with an incredible modern touch which started March 2015 and is slated to be completed August 31.

2014 Gross Sales during a year of renovation still managed a very healthy Net Profit of $148,955 on Gross Sales of $1,214,840.25 after paying all expenses, Assistant GM-$43,000 and Assistant Manager-$26,000 annually with only Assistant GM covered under insurance plan.
Owner only puts in about 20-hours per week and covers two shifts.

2015 Estimated gross sales are $1,213,662.
Net income estimate is $52,000 with over three months of remodel.
In January to date unit up over last year by about 5%.

This unit is ranked #1 by Franchisor of all Atlanta Bread businesses.

Priced at $299,000 plus Franchise Transfer Fees and food inventory paid at Seller invoice cost.

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Property Features and Assets:

High traffic anchored location adjacent to Dick’s and Target on high traffic road only 45-minutes to Charlotte. 4,000/sf end cap seats 94 inside and 40 guests outside. $9,200 monthly rent all in. Three years remain on Primary Lease with a five year option to renew.

Reason for Selling:

Other business interests.

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 a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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