What is the current gross revenue for this restaurant?
The current gross revenue being generated is an estimated at $423,301.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
Unfortunately there is no seller financing. However, if financing is needed for startup cost you can review additional Financing Options Here.
What is required in order to qualify for purchase?
Typically, most franchise restaurants will have liquidity and net worth requirements (to be determined on an individual basis by franchisor), require the buyer to attend an interview for approval, background check, and in most cases, require you to form an entity such as an LLC or Corporation to purchase. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance. Expenses are estimated to be a total of $356,970 per year.
Is the restaurant property owned or leased?
Currently the owner leases the property. Lease terms remain for 4 years. New owner must be approved by the landlord. Note: New buyer will sign lease terms with the property owners.
Where is the restaurant located?
Located in Greater Atlanta, Georgia. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
The current list of equipment includes: Walk-In Cooler/Freezer with Shelving, (2) Refrigerated Counter/Sandwich and Salad Unit, Hoodwich, (2) Oven/Conveyer, Microwave Oven, Mop Sink, Blender, Ice Cream Dipping Cabinet, Electric Food Slicer, Refrigerated Merchandiser, Undercounter Refrigerator, Office and Security Equipment.
What size is the restaurant and how many customers can it seat?
The restaurant is 1629 square feet. It can seat 50 inside and 20 outside.
Does this restaurant currently have a beer or liquor license?
No, there is no beer or liquor license included with this sale.
Does this restaurant offer drive-thru or delivery service?
The restaurant offers a delivery service and a catering service is offered.
How long has the seller owned the restaurant?
Seller has owned the restaurant for 4 years.
Why is the owner selling?
Owner is pursuing other business opportunities.
What are the hours of operation?
Restaurant is operated 7 days a week. Monday – Saturday is 10am – 9pm. Sunday is 10am – 6pm.
What else should I know?
Great opportunity to purchase an established franchises located in well a established plaza. Turnkey and move in ready. Includes the cost of all equipment. Plenty of opportunity to increase revenue. Priced at $100,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!