Business For Sale

Mall-Based Franchise for Sale in Atlanta

Atlanta, GA
Cobb County


Asking Price: Annual Revenue:
$169,000 $118,139

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mall-Based Franchise for Sale in Atlanta Broker: Steve Weinbaum

Quick Facts

Asking Price: $169,000
Annual Revenue: $118,139
Net Profit: Not Disclosed
Cash Flow: $20,810
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 9
BBN Listing #: 93638096
Broker Reference #: 6217

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Business Overview:

Own this totally remodeled, profitable franchise for sale, located in one of Atlanta’s premier upscale malls with a powerful brand name that customers know. Priced to sell fast. Listing price of $189,000 includes franchise transfer and lease assignment fees! Sales forecast to exceed $500,000 with owner earnings of approximately $80,000.

Location is one of the most important aspects to a successful business, and it doesn't get much better than being in an upscale Atlanta, Georgia mall that is anchored by national brands. The area surrounding this mall has seen double digit population growth for decades. The recent addition of some major attractions and developments has only added to the growth. With high median household income and median home prices well above $250,000, there are plenty of shoppers with discretionary spending looking for a healthy, freshly prepared meal on the go, and this franchise for sale meets their needs.

This profitable, well-designed franchise for sale offers fresh, hot wraps & sandwiches, chicken strips, smoothies, and more. With healthy alternatives to the traditional fried and prepared foods typically found in the mall, net sales are averaging over $40,000 per month at this location offered by the restaurant brokers. Summer, back to school, fall wardrobe, and holiday shopping are when heavy traffic in malls really kicks in, and so will your earnings!

This mall-based franchise for sale is 700 square feet with a rent of $10,464 per month, including CAMS. The royalty fees are 5.5% of sales while marketing is an incredibly low 0.5% of sales! Also included in the sale is a proven training program, strong back office systems, and skillful support of the field operations team.

This franchiser recently invested over $100,000 to remodel and re-brand this profitable franchise for sale. In addition, they negotiated a terrific 10-year lease that maintains the current rent for another full year, has modest increases, and extends out through 2030, guaranteeing the next owner years and years of success. The original concept is over 30 years old and this location was chosen above all others to update the look and brand. The business is looking for a well-qualified buyer with over $400,000 in net worth and $100,000 in liquidity to be considered for this great opportunity.

If you meet the financial requirements and want to own a completely upgraded mall-based franchise for sale at a great price that includes all transfer and lease fees, call today.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Walk in Cooler Walk in Freezer All new Cambro shelving in both walkin units 48” flat top grill 55gal commercial water heater, installed 3/2018 40gal, above ground, grease trap, installed 3/2018 2 – 6ft stainless prep tables 4 comp sink 1 comp prep sink Ice machine with bin 2 - 27” prep top coolers with overshelves, purchased 3/2018 2 – 27” mega top coolers, 1 purchased 3/2018 27” under counter refrigerator 2 – 50lb Pitco Fryers, purchased 3/2018 Pitco dumpstation with heater and timer 14” Star Grill APW Wyott conveyor toaster Stainless Prep table for toaster 6 ft mega top sandwich unit, purchased 3/2018 rotisserie 2 – Brink POS System 2 – kitchen video monitors with computers Drop in cold unit (2 full pan capacity) for smoothies Waring Blender Mop Sink Digital menu Boards Robocoupe immersion blender Complete smallwares packeage ISS tilt shelving above 4 comp sink Wall shelving for storage Shelving racks for storage Tea Brewer with 2 urns Coca-Cola fountain equipment

Market Competition and Expansion:

Mall Location - Food Court High Density and growth area Strong Franchise support

Reason for Selling:

Other

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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