Cumberland Mall Food Court Franchise Restaurant
Kennesaw, GA Cobb County
Cumberland Mall Food Court
Seller's Contact Information
- RE: Cumberland Mall Food Court Franchise Restaurant
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $99,000 | |
| Annual Revenue: | $725,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $50,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 445829193 | |
| Broker Reference #: | 5082 |
Business Overview:
Atlanta GA Mall Food Court Franchise Restaurant for Sale @ Cumberland Mall – Absentee Owner – Profitable – Clean Books – $99,000
Atlanta GA Mall Court National Franchise Food Court Restaurant for Sale at Cumberland Mall.
Food Court at Cumberland Mall a Regional Nationally anchored Mall.
Located at 2860 Cumberland Mall, Atlanta, GA 30339.
Cumberland Mall, connected by pedestrian sky bridge,
Monthly rent at $11,800 per month.
6-years left on Lease plus options to renew.
Well established.
Absentee Owner pulled out approximately $50,000 in 2022 after paying all expenses.
2022 Gross Sales approximately $725,000.
Full staff plus Manager at $53,000 annually make for a flawless transition.
6% Franchise Royalties includes Advertising.
One-week local training.
Super high density residential and business location.
Steps from 285 Interchange.
Connected to the Galleria Convention Center by a pedestrian bridge.
Nationally anchored stores Macy’s, Costco and Dick’s Sporting Goods, as well as Apple, Sephora and H&M.
Close to the Atlanta Braves Stadium.
Cumberland is a growth area (Braves, Cobb growth, new construction, etc).
The Cumberland Mall is a shopping mall in the Cumberland district of Metropolitan Atlanta near the suburbs of Smyrna and Vinings.
Mint condition restaurant.
Store volume up versus last year even with COVID.
Full books and records are available upon request.
$400,000 Net Worth required to become a Franchise.
Franchise Transfer Fee $14,750.
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Property Features and Assets:
Steps from 285 Interchange. Super high density residential and business location. Connected to the Galleria Convention Center by a pedestrian bridge. Nationally anchored stores Macy’s, Costco and Dick’s Sporting Goods, as well as Apple, Sephora and H&M. Close to the Atlanta Braves Stadium. Monthly rent at $11,800 per month. 6-years left on Lease plus options to renew.
Market Competition and Expansion:
Nationally anchored stores Macy’s, Costco and Dick’s Sporting Goods, as well as Apple, Sephora and H&M. Close to the Atlanta Braves Stadium.
Reason for Selling:
Absentee owned.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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