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Mediterranean Restaurant In Marietta, Ga
Location: United States -> Georgia -> Marietta
Industry: Food and Beverage > Other Food and Beverage




Business Summary

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


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Seller will train Buyer

Photos

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Mediterranean Restaurant In Marietta, Ga Photo 1




Print Listing Id: 700367212
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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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