This Fast Casual Mediterranean American restaurant for sale in Atlanta, Georgia has an amazing lease, great books, $130,000 in owner earnings, an experienced staff, and nine years of operation. All this and it's closed on the weekends! Located on a high traffic road. Should qualify for SBA lending.
Sales at this restaurant for sale
with a Greek concept have steadily grown every year. 2019 sales are averaging around $40,000 and generating well over $10,000 per month in verifiable owner earnings. Just over the last two years, revenue has increased 15%. The best part - the operating days are only Monday through Friday - no weekends! A new owner operator could add weekend hours as well as increase catering and special events revenue on the patio for even more income! Expanded delivery is also an opportunity, none of which is contemplated in a very attractive asking price.
This highly successful and profitable restaurant for sale
offered by the Restaurant Brokers
checks all the boxes. The site has great parking, easy access, approximately 2,000 square feet, seats 50 inside and another 30 on the beautiful fenced in patio. The total rent is only $1,700 per month - that's only $10 per square foot. The lease has another 7 years on it with periodic modest increases. The books and records are great showing strong positive cash flow. This restaurant for sale has a reputation and following that are nothing short of fantastic. Everywhere you look - Yelp, Facebook, TripAdvisor - the reviews and ratings are wonderful. Over the last seven years the owner has built a strong following in the community. Amazing Gyros, wraps, salads, and burgers have earned this iconic restaurant 4.8 star ratings on yelp.
The restaurant for sale is well staffed with cooks and cashiers allowing the owner to focus on oversight, food quality, and customer service. This would be the ideal situation for a new owner operator or potential investment. The good books and records combined with positive cash flow and seven years of operation make this restaurant an ideal candidate for SBA Lending and/or E2 Visa qualification. Contact your restaurant brokers at We Sell Restaurants today.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
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