Restaurant w/Real Estate & 2nd Bldg Near Avalon

Johns Creek, GA
Fulton County


Asking Price: Annual Revenue:
$1,695,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant w/Real Estate & 2nd Bldg Near Avalon Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $1,695,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,395,000
Year Established: 7
Employees: Not Disclosed
BBN Listing #: 143129193
Broker Reference #: 1791

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Business Overview:

Johns Creek Restaurant w/Real Estate & 2nd Restaurant Bldg Near Avalon – Net Profit $244,572.59 – Priced Way Below Market – Buy & Lease Business w/Owner Financing, Partner or Buy w/Real Estate – Keep or Convert


(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)

Mari’s Cucina And Social House are located at 2100 Ray Moss Connector, Johns Creek, GA 30022 is an upscale bistro preparing Italian dishes in a rustic surrounding resembling a Tuscan villa.

Keep or convert to any casual or upscale concept.

Full support and training included in the sale.

The restaurant is 2,650/sf with seating for almost 100 plus 12-seat bar and outdoor courtyard seating 32.

.75 Acre property ( see site plans in the photo gallery )

Plenty of parking plus cross parking with a neighboring property.

Established in 2013.

2017 Net Profit $179,572.59 plus Owner Salary of $65,000 on Gross Sales of $764,265.24

2018 numbers are almost identical to 2017.

Purchase includes adjacent 2250/sf building which is only separated by a courtyard. Covering and enclosing the space between would open up incredible opportunities. Currently operated as a retail wine and gourmet store but has a fully equipped up to code kitchen and seating area making this ideal for special events, commissary, catering and or food production kitchen, retail store or another restaurant. Books and records for Wine shop are not included in the sale.

PRICING:

Option One:

Priced at $1,695,000 which includes real estate, two fully equipped buildings, and restaurant business. See option below of only buying the business of Mari’s Cucina with long term lease.

Option Two:

Purchase of Mari’s Cucina only without real Estate is priced at $300,000 which is way below market pricing. Seller would finance the business portion of sale with 50% down ($150,000) with the balance of $150,000 financed interest-free over three-years with no-prepayment penalty. One of the Partners would stay on as silent partner providing an alternative. Balance of $50,000 to be financed over 2-years in addition to down payment.

Price is way under market as next door property which is similar size was purchased for $2,200,000 according to our property Owner. New Owner is reported to be investing $3,500,000 million to transform a daycare building to an Indian Event Center sparring no expense.

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Property Features and Assets:

The restaurant is 2,650/sf with seating for almost 100 plus 12-seat bar and outdoor courtyard seating 32. .75 Acre property ( see site plans in the photo gallery ) Purchase includes adjacent 2250/sf building which is only separated by a courtyard. Covering and enclosing the space between would open up incredible opportunities. Currently operated as a retail wine and gourmet store but has a fully equipped up to code kitchen and seating area making this ideal for special events, commissary, catering and or food production kitchen, retail store or another restaurant. Books and records for Wine shop are not included in the sale. Plenty of parking plus cross parking with a neighboring property.

Market Competition and Expansion:

Ask business broker for details.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • 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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