Semi-Absentee Fast Casual Franchise Restaurant in Stockbridge, GA! Closed on Sundays!
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update dateMay 24, 2023 publish DateMay 24, 2023 Total views 16Description
Seller’s wife only visits the business for an hour each day! Seller pays a Yearly Payroll of $152,000! Huge Opportunity for an Owner-Operator and Family to run the business!
Seller’s Yearly Net Profit is $72,000 AFTER paying a Yearly Payroll of $152,000! Owner-Operator and family can take home over $224,000 per year!
Yearly Sales are over $575,000! COGS are currently 29% as a Semi-Absentee Owner which can be reduced!
Franchise Royalty fee is only 7%! Much lower than the industry average!
Priced to sell quickly! Own a business in Metro-Atlanta!
Closed Sundays due to limited employee availability! Huge opportunity to gain Sunday Sales! Seller used to do $1,500 to $2,000 in Sunday Sales!
Rent is ONLY $3,450 NNN per month with 5 years remaining on the lease! The lease security deposit is $3,872.50 and lease assignment fee is $1,000.
Average traffic count of 11,120 vehicles passing by the business each day!
Less than a Mile from Piedmont Henry Hospital with over 1,600 employees and a medical staff of over 700 physicians! Only 3 miles from a major development with 306 luxury apartments!
Less than 4 miles from the Stockbridge Amphitheater with a 3,200 seat capacity!
High Population Area with over 97,000 people within a 5 mile radius! Median household income is $83k! Perfect demographic for fast casual restaurant businesses!
Asking Price for Business-only: $369,000 plus inventory! Inventory at cost is roughly $5,000.
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Highlights
Financial Details
| Annual | Per SF | |
|---|---|---|
| Gross rental income: | $575,000 | $Infinity |
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