Great Italian Restaurant/other concept in Growing Braselton-Hoschton Area!
Location: Georgia > Jackson County > Braselton-Hoschton
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $299,000
Gross Revenue: $500,000
Gross Revenue Comments: sales increasing
Cash Flow: $100,000
Cash Flow Comments: 20% of gross revenue
Inventory: $2,500 (Included in Asking Price)
FF&E: $200,000 (Included in Asking Price)
Seller Financing: cash purchase gets discount
Business Summary
FINE NEW YORK PIZZA & ITALIAN RESTAURANT FOR SALE!
The restaurant is a high quality, popular and successful full service Italian restaurant offering delicious Italian food inspired by authentic family recipes. Other concepts are possible here. The restaurant is located in Northeast Metro Atlanta Georgia where residential and commercial populations are booming.
The owner wishes to sell because of family, personal reasons only.
· Sales are more than $500,000 per year and increasing.
GREAT OPPORTUNITY – CALL FOR A LOOK!
Highlights
Ø Excellent food
Ø Seating for over 100
Ø Revenue & Profit increasing
Ø Menu designed for year round sales
Ø Solid staff and management in place
Ø Excellent atmosphere – MUST SEE!
Ø Dine In - Take Out - Delivery Service
Ø Located in rapidly growing area of Northeast Metro Atlanta, GA
Ø More than $300,000 in assets, build out and start up expenses – already done!
Ø Designed to accommodate private parties & meetings without disturbing dining clientele
Facility
The restaurant consists of one leased facility located in a rapidly growing area of Northeast Metro Atlanta.
§ The facility is 3,287 square feet including dining room, kitchen, office and storage areas.
§ Monthly Rent: $4,500 GROSS (includes CAM, tax & insurance) through March 2009
§ Lease Terms: 5 years beginning April 1, 2008 with one 5 year renewal option.
Asking Price:
Ø $299,000
Ø Terms negotiable
Price Validation:
The restaurant cost more than $300,000 to build, is still in new condition, has more than $500,000 in annual revenue, and is in an excellent location with one of the fastest growing areas of Metropolitan Atlanta. This is the anchor business in the shopping center and a true must see!
Call Priority Business Acquisitions, Inc. (770) 932-6122 to arrange a visit!
rburgess@pbabroker.com
* Information in this profile is assumed to be accurate to best of Seller and Broker’s knowledge. Buyer must verify all information prior to closing.
The restaurant is a high quality, popular and successful full service Italian restaurant offering delicious Italian food inspired by authentic family recipes. Other concepts are possible here. The restaurant is located in Northeast Metro Atlanta Georgia where residential and commercial populations are booming.
The owner wishes to sell because of family, personal reasons only.
· Sales are more than $500,000 per year and increasing.
GREAT OPPORTUNITY – CALL FOR A LOOK!
Highlights
Ø Excellent food
Ø Seating for over 100
Ø Revenue & Profit increasing
Ø Menu designed for year round sales
Ø Solid staff and management in place
Ø Excellent atmosphere – MUST SEE!
Ø Dine In - Take Out - Delivery Service
Ø Located in rapidly growing area of Northeast Metro Atlanta, GA
Ø More than $300,000 in assets, build out and start up expenses – already done!
Ø Designed to accommodate private parties & meetings without disturbing dining clientele
Facility
The restaurant consists of one leased facility located in a rapidly growing area of Northeast Metro Atlanta.
§ The facility is 3,287 square feet including dining room, kitchen, office and storage areas.
§ Monthly Rent: $4,500 GROSS (includes CAM, tax & insurance) through March 2009
§ Lease Terms: 5 years beginning April 1, 2008 with one 5 year renewal option.
Asking Price:
Ø $299,000
Ø Terms negotiable
Price Validation:
The restaurant cost more than $300,000 to build, is still in new condition, has more than $500,000 in annual revenue, and is in an excellent location with one of the fastest growing areas of Metropolitan Atlanta. This is the anchor business in the shopping center and a true must see!
Call Priority Business Acquisitions, Inc. (770) 932-6122 to arrange a visit!
rburgess@pbabroker.com
* Information in this profile is assumed to be accurate to best of Seller and Broker’s knowledge. Buyer must verify all information prior to closing.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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