MARIETTA, Georgia
| Asking Price |
$700,000 |
Year Established |
|
|
| Annual Revenue |
$2,000,000 |
Reason for Selling |
Other business interests |
|
| Annual P/L |
$0 |
Attention |
Steve Josovitz |
|
| Annual Cash Flow |
$0 |
Listing Number |
1017299 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
East Cobb Marietta GA Restaurant & Bar for Sale @ Avenue East Cobb – $2M Stunning Build Out – $2M Sales – Keep or Convert
#6613
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Marietta East Cobb GA Restaurant & Bar for Sale
Luga is Italian cooking rooted in tradition, made for the neighborhood with middle to high income families.
Located at 4475 Roswell Road, Marietta, GA 30062
Avenue East Cobb is Open-air shopping center featuring a variety of retail stores and diverse dining options.
Killer Visibility.
Great Frontage.
Tons of Parking
Nationally Anchored Location.
Fully Equipped Turnkey.
Books and Records are not available but Seller will provide Sales numbers.
Great Management, Culinary Team and Staff in Place makes for an easy transition.
Keep or Convert to Italian, Indian, Asian, Steakhouse, Seafood, Persian, Turkish, Tavern or a million other concepts.
Approximately 4,500 square feet, the restaurant offers 100+ indoor seats and 50+ outdoor seats on a large, newly covered patio. The beautifully designed dining room features a high-end full and large scale bar, excellent curb appeal, ample parking.
Monthly Rent $19,300 ALL-IN.
9-years remain on lease.
Options to Renew.
2026 Gross Sales approaching $2,000,000.
S
ome Owner financing options.
Property Features and Assets:
<p>4,500 SF</p><p>Monthly Rent $19,300 ALL-IN.<br></p><p>9-years remain on lease.</p><p>Options to Renew.</p><p>Killer Visibility.</p><p>Great Frontage.</p><p>Tons of Parking</p><p>Nationally Anchored Location.</p><p>Fully Equipped Turnkey.</p><p>Books and Records are not available but Seller will provide Sales numbers.</p><p>Great Management, Culinary Team and Staff in Place makes for an easy transition.</p>
Market Competition and Expansion:
<p>Keep or Convert to Italian, Mex, Indian, Asian, Steakhouse, Seafood, Persian, Turkish, Tavern or a million other concepts.</p><p>A buyer can continue operating the existing concept or bring an entirely new vision to the space. The layout and kitchen can support a broad range of concepts.<br> <br> The restaurant is currently open daily for lunch and dinner, providing an incoming operator with additional opportunities to further develop their concept.<br> <br> A trained and experienced team is currently in place, allowing for a smooth transition if desired. Alternatively, a new operator can bring in their own team and concept from day one.<br> <!--[if !supportLineBreakNewLine]--><br> <!--[endif]--><br></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