A Pair Of Absentee Restaurants - Lucrative

www.GlobalBX.com

Listing ID: 700376663

Listing Title: A Pair Of Absentee Restaurants - Lucrative

Quick Link: http://www.globalbx.com/listing.asp?bId=376663

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Georgia

Area

City:

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,800,000

Cash Flow: $380,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2012

Number of Employees: 1 - 3

Business Description:
PRICE REDUCED, MOTIVATED SELLER! SBA Prequalified get it for only ~~ GET IT FOR 10%-20% DOWN! Inquire today because this is a rare opportunity to own A Pair of Very Profitable, Well Established, Well-Known Restaurants with very little to no owner involvement (Currently 5-10 hours or so a week) are available for acquisition as a package deal. 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) this location was started in 2013 as an Independent Pizza Restaurant and full-service bar that has shown consistent growth and has limited competition in its immediate area. Both Restaurants are within walking distance of each other in a crowded, busy, local downtown area of a city right outside of Atlanta. All 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. Both 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: $790,000.00 Contact Broker for Individual Restaurant Store Pricing, Sales Volume, and EBITDA - Restaurant Addresses: Provided with NDA - OWNER WILL REVIEW ALL REASONABLE OFFERS - SELLER FINANCE AVAILABLE! *Tax and P&L's Recasts for each store available * EBITDA - SDE: Sign NDA and Consult Agent * Premises Areas: Varies per store Consult Agent after NDA is signed * Tax



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