ATLANTA, Georgia
| Asking Price |
$695,000 |
Year Established |
|
|
| Annual Revenue |
$1,539,440 |
Reason for Selling |
Other business interests. |
|
| Annual P/L |
$0 |
Attention |
Steve Josovitz |
|
| Annual Cash Flow |
$0 |
Listing Number |
1002178 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Sandy Springs Full Service Restaurant & Bar for Sale – High Profit – $1.8M Build Out – High Traffic Roswell Visibility- Keep or Convert
High Traffic Roswell Visibility.
Keep or Convert.
4,000/sf
Seating for 100.
Bar seats 15.
Outdoor Patio seats 36.
Monthly Rent $13,394 ALL IN.
Rent does not increase over term of Lease and Option Years.
Ten-Year Lease.
Five-Year Option to Renew.
$1,800,000 Build Out.
Out of State Owner.
Dedicated Free Parking.
Fully Equipped Kitchen.
Any concept works especially Italian, Pizzeria, Mexican, Latin, Asian, Steakhouse, Seafood, Wine Bar, Tapas or keep current concept.
2024 Gross Sales $1,539,440
2024 Net Profit close to $172,000 after paying all expenses, Staff and GM $90,000, Executive Chef $65,000 and AGM $65,000.
2025 Gross Sales are tracking to be $1,800,000.
$695,000 w/Owner Financing Options.
Property Features and Assets:
<p>High Traffic Roswell Visibility.</p><p>Keep or Convert.</p><p>4,000/sf</p><p>Seating for 100.</p><p>Bar seats 15.</p><p>Outdoor Patio seats 36.</p><p>Monthly Rent $13,394 ALL IN.</p><p>Rent does not increase over term of Lease and Option Years.</p><p>Ten-Year Lease.</p><p>Five-Year Option to Renew.</p><p>$1,800,000 Build Out.</p>
Market Competition and Expansion:
<p>Keep or convert.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity