This restaurant is a profitable concept located in a high traffic upscale area in Peachtree Corners. It is a turnkey well-established profitable. Business has seen very positive uptick this year with gross sales of $452,807 for 2021 and increasing on a monthly basis. There are many office buildings and apartments close to this restaurant. The out of state absentee owner has grown revenue, profitability, and reputation of the business significantly over the past three years. The restaurant is a franchise, new owners can keep the concept or convert to another one. Gross monthly rent of $5,339 with 3 years left on the lease and 2 (5) years options to renew.
This is a great opportunity for a seasoned chef/operator or new business owner to takeover a turnkey fully established restaurant.
Financials below are for 2021:
Gross Revenue: $452,807
Net Profit: $19,646
Manager’s Salary: $45,000
An owner operator can easily net $64,645 and more by saving on COGS and payroll.
MOTIVATED SELLER, BRING ALL OFFERS.