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Quick Facts
Asking Price: | $1,099,000 | |
Annual Revenue: | $2,014,678 | |
Net Profit: | $400,000 | |
Cash Flow: | $400,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $125,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 29 | |
BBN Listing #: | 707730182 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
This well-appointed franchise restaurant located less than an hour north of Atlanta is situated on a major thoroughfare in an area that is going through rapid growth and development. 2019 Revenue surpassed $2,000,000. Based on the first three months of 2021 the business has completely recovered from any downturn caused by the COVID-19 pandemic. It is operated by a staff of fully trained managers and employees who are expected to stay with the business. This popular local eatery with a well-known brand name continues to experience growth year after year. Given the increase in population the area is experiencing the future is bright for the new owner as well.
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Property Features and Assets:
This 4,300 /- square foot building was built out specifically for this restaurant. It was designed for the comfort of the clientele and efficient operation by the employees. The building comes fully equipped with everything necessary to continue operating this profitable business.
Market Competition and Expansion:
There is competition but growth in the area is keeping up demand.
Reason for Selling:
Other Interest
Additional Details:
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