Seller's Contact Information
- RE: West Midtown Atlanta GA Franchise Restaurant
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $885,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $129,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 233529193 | |
| Broker Reference #: | 6016 |
Business Overview:
Midtown Atlanta GA Restaurant for Sale – High Traffic Westside Location – Fully Equipped – 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)
West Midtown Atlanta GA Franchise Restaurant for Sale.
Mamoun’s Falafel is located at 1269 Northside Drive NW, Suite #720, Atlanta, GA 30318.
High-traffic location minutes to all of Metro Atlanta.
Longtime local Middle Eastern chain serving falafel, shawarma, kebabs & more in a traditional space.
Original Mamoun’s Falafel is situated in the heart of Greenwich Village in New York City, Mamoun’s Falafel has been serving high-quality, authentic Middle Eastern food since 1971. It is the oldest falafel restaurant in New York and one of the first Middle Eastern establishments in the United States.
1,500/SF.
Full kitchen.
Great Staff.
This unit opened in February 2020.
$600,000 opening costs.
Seating for 20.
Outdoor patio seats 18.
This sale includes territory rights to open additional units in Metro Atlanta, Dunwoody, Sandy Springs, Perimeter, Cobb, and Athens GA.
$80,000 was paid by Seller upfront for additional four units.
The monthly rent is $7,500 all in.
7-years remain on lease with 2×5 year options to renew.
2022 Gross Sales $885,000.
2022 Net Profit $129,000.
Priced at $299,000
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.
Property Features and Assets:
1,500/SF. Seating for 20. Outdoor patio seats 18. Full kitchen. The monthly rent is $7,500 all in. 7-years remain on lease with 2×5 year options to renew. High-traffic location minutes to all of Metro Atlanta. This sale includes territory rights to open additional units in Metro Atlanta, Dunwoody, Sandy Springs, Perimeter, Cobb, and Athens GA. Hours: Monday – Sunday: 11 am – 9 pm
Market Competition and Expansion:
Ask broker for details.
Reason for Selling:
Other business interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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