Closed Midtown Atlanta Food Hall Restaurant @ CODA

Atlanta, GA
Fulton County

Midtown ATL

Asking Price: Annual Revenue:
$95,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Closed Midtown Atlanta Food Hall Restaurant @ CODA Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!
Some may be considered, ask broker.

Quick Facts

Asking Price: $95,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 476429193
Broker Reference #: 4035

Email or Print Listing

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Business Overview:

Closed Midtown Atlanta Food Hall Restaurant for Lease @ The Collective (CODA ) Steps from GA Tech – $95,000

Midtown Atlanta Food Hall Restaurant for Sale.

Formerly Wildleaf.

Located at The Collective Food Hall, 756 W Peachtree St NW Suite C, Atlanta, GA 30308.

Key Money at $95,000 to acquire all furniture, fixtures, and equipment.

Owner financing will be considered.

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Property Features and Assets:

Seller Info: 769 square feet restaurant 200 square feet of storage Rent, CAM, taxes approx. $5K/month all-in Five-year lease with 4.5 years remaining, option for another 5 years Modest annual escalators Build out of approximately $250K (excluding equipment) completed in February 2020 Mostly new equipment at a cost of over $50K; Equipment has barely been used Opened on a limited basis in Nov 2020 Located in The Collective food hall at CODA in Tech Square Three concepts currently operating in The Collective, with one more restaurant and a full-service bar under construction Serves mix of office workers, midtown residents, and Georgia Tech students Located in the first of three buildings in CODA, a three building complex consisting of 1.3 million square feet of office space. The first two buildings are nearly 100% leased, and the third building is 85% leased and expected to be 100% leased by year end. Less than two blocks from Norfolk Southern’s recently opened 700,000 square feet headquarters; Less than two blocks from 1.8 million square feet Tower Square office complex; Three blocks from the Fox Theatre; Two blocks from the Biltmore building; One block from the Ga Tech Hotel & Conference Center; One block from the Ga Tech Scheller College of Business. Tech Square is an eight-block innovation district created by the Georgia Institute of Technology to attract new tech companies and innovation to the city Walk-in cooler 7’x9’ Combination Oven electric 16-pan (Alto-Shaam CTP7-20E); Includes ventless hood (Alto-Shaam 7-20EVH) Undercounter Merchandiser 36” air curtain (Structural Concepts CO3324R-UC) Steam Kettle 6 gallon (Groen) Ice Maker (Hoshizaki) Ice Bin (Manitowoc) 72” Sandwich Prep Table (Delfield) 48” Sandwich Prep Table (Atosa) Hot Cabinet (AquaTemp CresCor) Salad Spinner (Sammic) 2 x Panini grill 14”x14” (Waring WFG275T) 2 x Steam table electric 2-pan (Servit EST-2WE) 2 x Ice cold table 48” (Eagle Group PCP-3) Various new sinks and tables Various small wares, blenders, meat slicer, etc Toast POS equipment

Market Competition and Expansion:

Ask broker.

Reason for Selling:

Asset sale.

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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