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Listing ID: 2730867

Alpharetta Italian Restaurant And Pizzeria-Net's $10,000 Monthly W/ 100% Absentee Owner - Owner Financing - Easy To Run For Sale

Alpharetta, GA 30005, Fulton, Georgia, United States

$ 275,000

(Furniture / Fixtures included)

Revenue: $ 500k to 1m

Cash Flow: $ 100k to 250k

Business Description

Alpharetta Italian Restaurant & Pizzeria.

Nets $10,449.44 monthly on monthly sales of $44,108.89. w/absentee Owner after paying full staff and all expenses which include head cook-pizzamaker who makes $6,000 per month and $3,000 to Manager.

Owner Financing Options.

Super Easy to Run with in-house delivery staff accounts for 50% of revenues. Drivers make $20.00 per shift plus tips.

24/7 location within Office marketplace close to GA 400.

Well Established.

Surrounded by thousands of high-income residences.

Super visibility from the road.

1,600/sf.

Full up to code kitchen can pump out any volume.

Rent $3,400, all in.
Several years remain on current lease with five-year option to renew.

$300,000 spent on initial build-out. In 2016 Owner spent $65,000 in upgrades includes new equipment.
Additionally, Owner spent $35,000 on new signage recently.

Busy Alpharetta location. Demographics show just within 3 miles there are 30,000 residents in homes with an average income between $67,000 & $157,000.

State of the art point of sale.

Relocation out of state forces sale.

Property Details

Size:

1,600 SF

Property Type:

Lease

Other Details

Business Location:

Close to GA 400 in Alpharetta, GA in an office marketplace.

Premise Details:

Fully up to code kitchen. $300,000 spent on initial build-out. In 2016 owner spent $65,000 in upgrades including new equipment. Spent $35,000 on new signage.

Competition:

Please ask broker for details.

Expansion Potential:

Please ask broker for details.

Operation Details

Trading Hours:

Ask business broker.

Support & Training:

Ask business broker.

Miscellaneous

Financing Available:

Yes

Reason For Selling:

Relocation out of State.

Contact this seller

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