Business For Sale

Freestdg Profitable Restaurant w/RE & 2nd Bldg.

Johns Creek, GA
Fulton County

Atlanta Metro North


Asking Price: Annual Revenue:
$1,550,000 $764,265

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Freestdg Profitable Restaurant w/RE & 2nd Bldg. Broker: Steve Josovitz

Quick Facts

Asking Price: $1,550,000
Annual Revenue: $764,265
Net Profit: Not Disclosed
Cash Flow: $244,572
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,000,000
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 825829193
Broker Reference #: 1791

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Business Overview:

Johns Creek Restaurant w/Real Estate & 2nd Restaurant Bldg Near Avalon – 2017 Net Profit $244,572.59 – Priced Way Below Market – Buy & Lease Business w/Owner Financing or Buy w/Real Estate – Keep or Convert

This is an upscale bistro preparing Italian dishes in a rustic surrounding resembling a Tuscan villa.

Keep or convert to any casual or upscale concept.

Full support and training included in sale.

Restaurant is 2,650/sf with seating for almost 100 plus 12-seat bar and outdoor courtyard seating 32.

.75 Acre property.

Plenty of parking plus cross parking with neighbor.

Established 2013.

Absentee Owner’s Partner is previous Owner who mans the kitchen.

2017 Net Profit $179,572.59 plus Owner Salary of $65,000 on Gross Sales of $764,265.24

Purchase includes adjacent 2,250/sf building which is only separated by courtyard. Covering and enclosing space between would open up incredible opportunities. Currently operated as a retail wine and gourmet store but has a fully equipped up to code kitchen and seating area making this ideal for special events, commissary, catering and or food production kitchen, retail store or another restaurant. Books and records for Wine shop is not included in sale.

PRICING:

Option One:
Priced at $1,550,000 which includes real estate, two fully equipped buildings, and restaurant business.

Option Two:
Purchase of Mari’s Cucina only without real Estate is priced at $325,000 which is way below market pricing. Real Estate purchase is not available without purchase of the business acquisition. Seller would finance the business portion of sale with 60% down ($195,000) with the balance of $130,000 financed interest-free.

Price is way under market as next door property which is similar size was purchase for $2,200,000 according to our property Owner. New Owner is reported to be investing $3,500,000 million to transform a day care building to an Indian Event Center sparring no expense.

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Property Features and Assets:

Restaurant is 2,650/sf with seating for almost 100 plus 12-seat bar and outdoor courtyard seating 32. .75 Acre property. Plenty of parking plus cross parking with neighbor. Purchase includes adjacent 2250/sf building which is only separated by courtyard. Covering and enclosing space between would open up incredible opportunities. Currently operated as a retail wine and gourmet store but has a fully equipped up to code kitchen and seating area making this ideal for special events, commissary, catering and or food production kitchen, retail store or another restaurant. Books and records for Wine shop is not included in sale.

Market Competition and Expansion:

Keep or convert to any casual or upscale concept.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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