Detail

update dateApril 1, 2022 publish DateApril 1, 2022 Total views 68
  • Type: Retail
  • Status: Active
  • Listing ID:7172
  • Financing: Bank Financing
  • Real State Included: No
  • Bulding status: Existing
    • Description

      100% Absentee-Owned! Management system in place for the Buyer!

      Sales are $40,000/month at 72% margin after all food and paper cost. Franchise royalties are the lowest in the industry at only 5.5%! Franchisor allows Franchisee to do local advertising for 3%! Net Profit is over $9,000/month after $8,500 in payroll. Owner-operator and family can take home over $200,000 per year!

      Incredible hours! Only open from 11am to 9pm!

      Lease is set to renew! Rent is only $5,000 + $800 CAM with a 5+5 year lease available for the Buyer!

      Exit Location! New build-out! Equipment is less than 3 years old!

      Walking distance to a shopping mall and less than 3 miles from Kennesaw State University with over 40,000 students! Surrounded by residential homes and major retailers like Costco, Walmart, Publix, and more. 6 apartment complexes within a 3-mile radius totaling over 2,300 units!
      High Average Daily Traffic Count at 24,600!

      Authentic Mediterranean food with a variety of unique flavors to create some of the most delicious dishes. Open kitchen design with everything prepared in view. Every meal is cooked fresh to order.

      New franchise model allows for Buyer to put in beer and wine to increase sales substantially!

      Asking Price: $149,000 + inventory! Inventory is about $5,000 at cost. Seller shall pay all Franchise Transfer Fees!

      After visiting the business, please call us anytime to discuss or make an offer at (770) 664-9999 or email us at info@riverbrokers.com

      Highlights

      .100% Absentee-Owned! Management system in place for the Buyer!
      .100% Absentee-Owned! Management system in place for the Buyer!

      Financial Details

        AnnualPer SF
        Gross rental income: $480,000 $Infinity
        Other Income:
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