Absentee Run Profitable Morningside, Highlands GA

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$175,000 $538,530

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Absentee Run Profitable Morningside, Highlands GA Broker: Steve Weinbaum

Quick Facts

Asking Price: $175,000
Annual Revenue: $538,530
Net Profit: Not Disclosed
Cash Flow: $81,417
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 9
BBN Listing #: 2228096
Broker Reference #: 7713

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Business Overview:

Profitable Fast Casual Franchise for Sale in Desirable Morningside, Highlands GA Area doing in excess of $525,000 in annual revenue. Absentee Owner earnings in excess of $35,000 or be Owner Operator and realize annual earnings of $80,000. Newly renegotiated five year lease with five year option of favorable terms. This Franchise for Sale has been open and operating for four years as an absentee Owned and operated business. An Absentee Owner earnings in excess of $35,000 per year is a terrific return on investment... or a Full Time Owner Operator can take over the role of the GM and realize annual earnings of $80,000. Strong verifiable books and records along with 4+ years of operation should qualify this business for SBA lending. highly experienced staff in place providing exceptional customer service and food quality. Location, Location, Location. Whether you are buying a home or business, We Sell Restaurants knows that location is a critical factor in the desirability and success of your decision. The location of this profitable fast casual franchise for sale doesn't get any better. Located in the heart of the in-town Atlanta area known as Virginia Highlands or Morningside, The area is described as one of Atlanta's "walk-able neighborhoods" with lots of character, beautiful Tudor homes, and plenty of shops and restaurants. The residents are young, affluent, and health conscious. So what better to have than a fast casual restaurant that caters to this healthy lifestyle by offering the areas freshest and best smoothies, salads, wraps, and other menu items designed to meet the needs of the community. One of the many desirable attributes of this profitable fast casual franchise for sale is they have several revenue streams. Mornings pack this Virginia Highlands location with customers getting their morning smoothie, coffee or tea. By lunch and dinner time the streets are packed with patrons looking for a fast fresh and healthy meal. In addition to all this walk-in traffic, the restaurant does a significant amount of catering for local businesses and parties. The location of this franchise for sale is a very manageable 1050 square feet with a monthly total rent of $4200. There is a manager in place for the buyer who wants to continue to operate this business as an absentee owner of for the owner-operator to realize an annual income of over $80,000. And an Owner Operator can focus on the under-served catering revenue and grow income by another $20,000. Verifiable books and records should secure SBA lending approval for a qualified buyer. Call your Certified Restaurant Broker at We Sell Restaurants to learn more about this great opportunity.

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Property Features and Assets:

Bar Stools Sandwich and Salad Prep Refrigerator Back Bar Cooler Induction Range Panini Press Soup Kettle Cooker Juicer Utility Cart tea Dispenser Cookware and Utensils Countertop Security System Sound System Signing Package

Market Competition and Expansion:

Morningside/Highlands affluent area with many regular customers. Currently do not have local marketing or catering which can dramatically increase stores revenue. Full time manager makes 45k and can be replaced by owner operator

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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