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Absentee-Owned Alpharetta Well Known Mexican Restaurant And Bar

Business Description

Outstanding Alpharetta authentic Mexican restaurant located in a busy plaza with easy access and ample parking.1000’s of cars travel by daily. From the moment you open the doors, you enter a fully themed restaurant that seats 225 featuring artistic tile work, large multi-seat bar, several dining areas, and a full kitchen. The large servings offer authentic cuisine in a comfortable setting that customer appreciates. Rare chance to take over a successful restaurant with management staff. Seller is not on-site and spends minimal time at the restaurant to go over sales reports and make sure everything is running smoothly. Training would be with key staff members. Turn-key opportunity, an active owner could take over managers salary and add $52,000 in owner benefit.
The owner takes home $19,000 a month after all expenses, plenty of room for growth if a seasoned owner-operator takes over this operation.
Long term lease in place with 5 years remaining in the current term options to renew, Gross monthly payment of $ $6,500 that includes all CAM.
Asking Price: $375,000
Gross Revenue: $1,100,000
Inventory: 5,000
FF&E: $75,000