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#4423
Atlanta Metro

In the Heart of It All - a Moneymaker in Downtown Atlanta

$259,000
Sold
In the Heart of It All - a Moneymaker in Downtown Atlanta
This Listing is Sold

Key Facts of the Business: in a Nutshell

Concept: choose between fresh Japanese & traditional American fast food

In the restaurant business, we all recognize that it is imperative to identify and attract your target customers. In this particular business, it’s almost like there’s a “two-for-one” clientele.

During the day, there are the business professionals, shoppers, lawyers and judges - wanting a quick, but tasty lunch. In the evening, local area residents steadily come in very strong numbers. Next day, just like clockwork - same thing all over again.

Sales (last 12 months): $800,000

Years in Business: 4

Seating Capacity: 90

Lease: $5417/month. 6 years remaining, one 5 year option.

Marketing: attractive website (with online ordering}; Facebook page; otherwise, no marketing (Per owner  “we are already famous”).

Location: heart of downtown Atlanta near Underground Atlanta, courhouse, Atlanta Falcons brand new stadium and other sports venues.

     well-established restaurant, popular and profitable

     premises are clean, light and bright

     menu has both well-prepared oriental and traditional American (burgers, fries and wings) on the menu

     Owner emphasizes quality fresh ingredients, topped of with secret (and truly unique and delicious) teriyaki sauce..

      kitchen is nicely equipped for efficient high production

      as can be observed on the map (see photos), the location is absolutely prime. It is on a busy CORNER  location in the middle of professional high-rise offices, upscale shopping and professional sports venues.

      delivery offered after 5:00 PM ($2.00)

Operationally, all the key financial parameters are right where they should be. The “Owners’ Benefit” numbers are strong and the offered price may be somewhat below the norms prevailing in the restaurant industry.

If the magic of the life in the “Big City” coupled with the rewards of running an established, well-performing business is what you have been looking for, then this may be it.

To learn more, go to SellingRestaurants.com to get the name and address of this listing in adiition to more photos. 

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Atlanta Metro
Lease Term:
expires 2021 + 5 year option;
Total Monthly Rent:
$5,417

Financials

Last Year's Annual Gross:
$800,000
Last Year's Owner's Cash Flow:
$200,000
Last Year's Food Cost %:
under 30%

Operations

Liquor License:
none
Hours Open:
Mon - Wed: 10:30 AM - 03:00 AM
Thurs - Sat: 10:30 AM - 10:00 PM
Sunday: Closed
Year Established:
2011
Hood System Type 1:
Yes

Facilities

Indoor Seating:
90

Highlights

  • very busy location
  • professional clientele
  • local residents
  • excellent Japanese dishes
  • upscale fast food
  • fresh daily
  • business priced below market
  • mostly cash
  • light and bright
  • right downtown
  • near stadium
  • near shopping

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 29,059 98,393 363,984
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,387 42,052 152,194
2010 Persons Per Household 1.78 1.99 2.10
Median House Value $188,753 $162,609 $221,864
Income Per Household $37,165 $35,470 $47,101
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,301 3,879 11,252
2012 Number Of Employees 151,592 236,376 480,166
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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