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Nutshell Facts of the Business:
Concept: upscale American and Mediterranean cuisine
Sales (last 12 months): approx. $1,000,000 gross; this has been growing steadily since the restaurant opened.
Years in Business: opened in 2010
Seating Capacity: 150 (upstairs) 150 (downstairs Speakeasy )
Lease: At $5,500/month all-inclusive, rent is very competitive for this nicely proportioned, well-equipped space. Five years remain on the lease.
Leasehold: The main level is about 5,000 sqft. The special event facility (The “Speakeasy”) on the lower level adds about another 5,000 sqft.
License: full service liquor, wine and beer
Location: suburban Atlanta; near Mall of Georgia.
Funding: Owner may consider carrying part of the sale price for a qualified buyer
Hours of Operation: open for dinner 5:00 to 10:00 (closed Sunday)
Reason for Selling: Owner is retiring to travel
A cleverly conceived and popular spot, years in the planning, has been open for business for five years and has become well established with a cadre of loyal customers. The owner, with experience owning and operating several other fine dining venues has it tuned just right.
Points to Consider:
◘ time-honored upscale concept coupled with a popular piano bar has made this a “regional destination” restaurant
◘ top-of-the-line equipment and furnishings are nearly new (wall hangings do NOT convey)
◘ meats and vegetables arrive fresh daily; even the bread and rolls are baked right on the premises
◘ despite the rather hectic pace of preparation and service, the business has experienced little staff turnover in the key positions
◘ dinner-only format may give Owner the opportunity to enjoy other facets of living OR create another strong revenue stream for the new owner . . .
◘ the large, open kitchen is fully equipped to efficiently serve a varied menu
◘ catering is offered
◘ owner will stay an appropriate period to thoroughly train
In summary, Owner’s carefully crafted vision, based on successful experience, is now a beautiful, professionally designed turnkey reality. The necessary licenses and permits are already in place.
The risk of the initial financial investment and hard work requisite to success has all been done for you.
The acclaimed menu (with many recipes unique to the restaurant) is set. The staff is hand-picked and well-trained.
This business is consistently profitable and is now presented here to you - properly priced to sell; could this perhaps finally be the unique life-defining opportunity you have long been seeking?
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Population | 5-mi |
---|---|
2014 Total Population | 50,468 |
Households | 5-mi |
2010 Number Of Households | 15,468 |
2010 Persons Per Household | 2.91 |
Median House Value | $175,200 |
Income Per Household | $63,843 |
Businesses | 5-mi |
2009 Number Of Businesses | 1,376 |
2012 Number Of Employees | 31,450 |
2012 Total Annual Payroll | $593,161,000 |
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