*PRICE REDUCED* Three Absentee Restaurants
Not Disclosed, GA Not Disclosed
Seller's Contact Information
- RE: *PRICE REDUCED* Three Absentee Restaurants
- Contact: Solomon Padilla
Quick Facts
| Asking Price: | $1,090,000 | |
| Annual Revenue: | $1,989,451 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $540,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 401256513 | |
| Broker Reference #: | 98126-180683 |
Business Overview:
Three Highly Profitable Well Known Restaurants with very little to no owner involvement, available for acquisition as a package deal; Or available Individually (More information below)
The First Restaurant (Restaurant #1) was established in 2012 as a new Mexican Restaurant and Bar concept with outstanding growth hitting record numbers of 7 figure gross revenue in 2021! This restaurant has a huge local, loyal following, and is consistently packed on weekends with crowds from the local college and many others.
The Second Restaurant (Restaurant #2) is a Popular Free standing Mexican Restaurant with full-service bar that is a very well-established local community staple that has been in business for over 44, incredibly successful years!
The Third Restaurant (Restaurant #3) location was started in 2013 is an Independent Pizza Restaurant and full-service bar that has shown consistent growth and has limited competition in its immediate area.
Both the First and Third Restaurant are within walking distance of each other in a crowded, busy, local downtown area of a city right outside of Atlanta.
All Three businesses have thrived for many years since inception and have shown to be steady and seemingly resistant to changes in the marketplace. These Restaurants have seen considerable growth each year. All Three Restaurants are in their prime state to expand or possibly franchise!
All restaurants have their own unique aspect that is well adapted to the area they're located in. These businesses have built their own customer base by providing a strong product line and superior customer service, which has differentiated itself from the competition.
Additional Information:
GROUP ASKING PRICE: NOW $1,300,000.00
Contact Broker for Individual Restaurant Store Pricing, Sales Volume, and EBITDA
- Restaurant Addresses: Provided with NDA
- OWNER WILL REVIEW ALL REASONABLE OFFERS
- SELLER FINANCE/DOWNPAYMENT AT $500,000 DOWN for ALL THREE over final price/terms negotiable.
* Units Available as A Group or Individually, Individual Prices below:
Restaurant #1 (Mexican Restaurant/Full-Service Bar) Available for $600,000
Restaurant #2 (Free-Standing Mexican Restaurant/Bar) Available for $300,000
Restaurant #3 (Pizzeria and Full-Service Bar) Available for $200,000
*Tax and P&L's Recasts for each store available
*Owner will Seller Finance each Restaurant individually for 45% down
OTHER INFO:
* 2021-2020 Annual Gross Sales: $2,547,219
* EBITDA – SDE: Sign NDA and Consult Agent
* Premises Areas: Varies per store Consult Agent after NDA is signed
* Tax and P&L Recast Available after NDA is Signed
* 2020 Sales remained strong at ALL Units, some EBITDA/Sellers Discretionary Earning outperforming 2019 due to lower labor costs, higher TO sales. 2021 sales improved.
*Several Restaurants saw 35-40% Growth from 2019 to 2021
HIGHLIGHTS:
- All Fully Equipped Modern Kitchens with Hoods, Grease Interceptor, & FF&E ($150,000)
- Growing Customer Base & Revenue
- Stores in Locations with 1000’s of Daily customer traffic
- Established Full Turnkey operation
- Seller Will Provide Training for 4 weeks
This is a great opportunity to acquire 3 well-established lucrative and profitable restaurants for a potential buyer.
Get them for only $500,000 down!
All Potential buyers must sign an NDA and show financial ability to purchase.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Other interests.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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