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Restaurant - Cuban/Caribbean

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Location

  • City Atlanta
  • State Georgia
  • CountryUnited States

Relocatable

Financials

  • Asking Price$250,000
  • Sales$450,000
  • Profits$62,000 Owner's Benefit
  • Profit TypeSDCF
  • Fiscal YearOctober 2003 Annualized

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?
Important Note: This listing is Off The Market.

This is a nicely decorated cuban/caribbean specialty restaurant in a high traffic area of the I-75 corridor just south of Atlanta.

Approximately 2400 square feet, seating 115-120. Has been owned by the same owner for nine years and has won numerous readers' choice awards from area publications.

The manager has been there all nine years. Good lease with one year terms and one year options. Adjoining space was leased in August, 2001.

This business has room to increase revenue through additional emphasis on the catering side of the business. Catering is currently 20% of the business.

This restaurant has a history of high health ratings. Located in a shopping strip on a major five lane highway just off of I-75.

Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.

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