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Absentee High - Volume Restaurants
Location: United States -> Georgia
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Three Highly Profitable Well Known Restaurants with very little to no owner involvement, available for acquisition as a package deal; Or available Individually (More information below)

The First Restaurant (Restaurant #1) was established in 2012 as a new Mexican Restaurant and Bar concept with outstanding growth hitting record numbers of 7 figure gross revenue in 2021! This restaurant has a huge local, loyal following, and is consistently packed on weekends with crowds from the local college and many others.

The Second Restaurant (Restaurant #2) is a Popular Free standing Mexican Restaurant with full-service bar that is a very well-established local community staple that has been in business for over 44, incredibly successful years!
The Third Restaurant (Restaurant #3) location was started in 2013 is an Independent Pizza Restaurant and full-service bar that has shown consistent growth and has limited competition in its immediate area.
Both the First and Third Restaurant are within walking distance of each other in a crowded, busy, local downtown area of a city right outside of Atlanta.
All Three businesses have thrived for many years since inception and have shown to be steady and seemingly resistant to changes in the marketplace. These Restaurants have seen considerable growth each year. All Three Restaurants are in their prime state to expand or possibly franchise!
All restaurants have their own unique aspect that is well adapted to the area they're located in. These businesses have built their own customer base by providing a strong product line and superior customer service, which has differentiated itself from the competition.
Additional Information:
GROUP ASKING PRICE: NOW $1,300,000.00
Contact Broker for Individual Restaurant Store Pricing, Sales Volume, and EBITDA
- Restaurant Addresses: Provided with NDA
- OWNER WILL REVIEW ALL REASONABLE OFFERS
- SELLER FINANCE/DOWNPAYMENT AT $500,000 DOWN for ALL THREE over final price/terms negotiable.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,989,451
Cash Flow:   $540,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $152,000
Seller Financing:  Yes

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  other investments

Photos

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Absentee High - Volume Restaurants Photo 1




Print Listing Id: 700375219
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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