Business Overview:
Full Service Restaurants and Pizzerias, Price $4,950,000:
Restaurant chain offers full service Italian menu and pizzerias. In-door, out-door dining, pick up and delivery services. Located in North Atlanta. Excellent, well trained management team and staff in place in all locations. $5.1 million in revenues for 2020; $4.6 million in revenues for the first nine months of 2021. Adjusted EBITDA for 2020 was $714,073, and nine months 2021 was $753,651. Owner inactive in the day to day operations. Wants to divest and retire. Locations have all new equipment within the past five years, and boast state of the art POS and on-line ordering system.
This business is listed for sale by Walden Businesses, Inc., a prestigious mergers and acquisitions firm based in Atlanta, Georgia. For more information about this opportunity, contact Sara Burden, CBI, M&AMI, CM&AP, FIBBA, FMAS. Please visit our website for more information about our company and the services we provide our clients.
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Property Features and Assets:
All locations are leased with two 5-year options to renew.
Reason for Selling:
Owner is divesting his business portfolio in order
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.
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