Business Description
The owner started the restaurant 20 years ago and has grown it into a successful and well-known restaurant in a prominent part of the City of Atlanta. After decades in the industry, the owner is retiring and has decided to sell the business.
This restaurant sets the standard for quality authentic Italian cuisine throughout the Atlanta community. A dinner-only operation, Monday to Sunday (has a full liquor license and a full bar), private parties booked months in advance. The restaurant has been voted the best Italian restaurant in Atlanta. It has also received numerous awards for its food and service. The restaurant is regularly at full capacity, especially on weekends and holidays. Therefore, there is an opportunity to generate additional revenue by opening for lunch and brunch.
$50,000 a week revenue with the owner taking over $450,000 in owner’s benefit for 2018 and already over $400,000 YTD ending in October.
NNN lease $6,800 / Month + Cam: $1,440
Dining Rooms: 3 Total, seating 75, 40, and 25
Owner is retiring and offering this profitable restaurant at a very reasonable price, this great opportunity will not last.
Signed NDA and Proof of funds are a must to receive any information on this opportunity with no exception.
Asking Price: $1,300,000
Gross Revenue: $1,300,000
Inventory: $20,000
Established: 1999