Business Overview:
Metro Atlanta Restaurant to Lease – Fully Equipped Stunning State of the Art Turnkey for any Concept – Cobb Pkwy Frontage Near Mall, Galleria, Office Bldgs, Art Center, Atlanta Braves Stadium
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)
Otter’s Chicken is located at 3155 Cobb Pkwy SE #140, Atlanta, GA 30339.
2,456/sf. end cap.
Seating for 75.
Bar or Counter seats 6.
Outdoor seating for 20.
Rent at $10,302.79, all in.
Rent Breakdown:
$6,532.56 – Base Rent
$2,022.50 – Common Area Maintenance
$217.80 – Insurance
$1064.28 – RE Taxes
$465.65 – Water and Trash
Total Monthly Rent is $10,302.79
Almost 5-years remain on lease with options to renew.
Opened 2016.
Over $400,000 spent on building out space.
Owner is absentee.
All furniture, fixtures, equipment are in great condition.
POS 3-Station System is Aloha.
Great Management Team and Staff available for new Owner.
Name, trademarks, recipes, books and records are not included in sale.
This space works for almost any concept except for Mexican or BBQ as Moe’s Southwestern Grill and Shanes BBQ already are Tenants.
$250,000 key money requirement to get lease.
This is a sale of FFE and rights to negotiate a transfer of lease.
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Property Features and Assets:
2,456/sf. end cap.
Seating for 75.
Bar or Counter seats 6.
Outdoor seating for 20.
Rent at $10,302.79 all in.
Rent Breakdown:
$6,532.56 – Base Rent
$2,022.50 – Common Area Maintenance
$217.80 – Insurance
$1064.28 – RE Taxes
$465.65 – Water and Trash
Total Monthly Rent is $10,302.79
Almost 5-years remain on lease with options to renew.
Over $400,000 spent on building out space.
All furniture, fixtures, equipment are in great condition.
POS 3-Station System is Aloha.
Market Competition and Expansion:
Ask broker for details.
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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