Business For Sale

Casual Restaurant w/Patio-Financing-TurnKey

Atlanta, GA
Fulton County

Midtown West


Asking Price: Annual Revenue:
$149,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Casual Restaurant w/Patio-Financing-TurnKey Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!

Quick Facts

Asking Price: $149,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 691429193
Broker Reference #: 1955

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Business Overview:

West Midtown Casual Restaurant w/Outdoor Patio for Sale – Stunning Build Out – Generous Owner Financing Options – Fully Equipped Turnkey for Tacos, Mexican, Brazilian, Burgers, Sandwiches, Bakery, Coffee, Juice, Smoothies, Salads, Bowl Concepts, Bagels, Breakfast, Indian, Greek, Fish, etc.

$400,000 New Stunning Build Out.

Currently set up as a fast-casual order at the counter with staff preparing food while you wait. Could easily be converted to a similar or same concept or full service.

Fully Equipped Turnkey for Tacos, Mexican, Brazilian, Burgers, Sandwiches, Salads, Bakery, Coffee, Juice, Smoothies, Bowl Concepts, Bagels, Breakfast, Indian, Greek, Fish, etc.,

2,300/sf.

End-cap.

Seating for 65.
Outdoor patio seats 30.

Equipment List: https://docs.google.com/spreadsheets/d/1Evma9IkTgoA9kH7hzWv5rfRpZimIXJRV-HMtMLuTVEs/edit#gid=1830576401

Rent –
Months Annual Monthly

1 – 12: $56,546.00 $4,712.17
13 – 24: $57,959.65 $4,829.97
25 – 36: $59,408.64 $4,950.72
37 – 48: $60,893.86 $5,074.49
49 – 60: $62,416.21 $5,201.35
61 – 62: $63,976.62 $5,331.39

CAM – $882.81
Taxes – $444.29
Insurance $38.47
Gas ~$350
Water ~$325
Electric ~$1500
Grease Trap – $395 quarterly
Hood Vent Maintenance – $350 quarterly
The only rented piece of equipment is the dish machine but that can be removed if the new tenant does not wish to continue with it. Approx. $275/month

A five-year lease with five-year option to renew.

Business name, recipes, books, trademarks, and records are not included in the sale.

Very generous Owner financing options.

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Property Features and Assets:

2,300/sf. End-cap. Seating for 65. Outdoor patio seats 30. Equipment List: https://docs.google.com/spreadsheets/d/1Evma9IkTgoA9kH7hzWv5rfRpZimIXJRV-HMtMLuTVEs/edit#gid=1830576401 Rent – Months Annual Monthly 1 – 12: $56,546.00 $4,712.17 13 – 24: $57,959.65 $4,829.97 25 – 36: $59,408.64 $4,950.72 37 – 48: $60,893.86 $5,074.49 49 – 60: $62,416.21 $5,201.35 61 – 62: $63,976.62 $5,331.39 CAM – $882.81 Taxes – $444.29 Insurance $38.47 Gas ~$350 Water ~$325 Electric ~$1500 Grease Trap – $395 quarterly Hood Vent Maintenance – $350 quarterly The only rented piece of equipment is the dish machine but that can be removed if the new tenant does not wish to continue with it. Approx. $275/month A five-year lease with five-year option to renew.

Market Competition and Expansion:

Currently set up as a fast-casual order at the counter with staff preparing food while you wait. Could easily be converted to a similar or same concept or full service. Fully Equipped Turnkey for Tacos, Mexican, Brazilian, Burgers, Sandwiches, Salads, Bakery, Coffee, Juice, Smoothies, Bowl Concepts, Bagels, Breakfast, Indian, Greek, Fish, etc.

Reason for Selling:

Other 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 not a franchise resale opportunity.

Relevant Links:

Disclaimer:

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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