This Property is no longer advertised on Showcase.com.
Off Market
1/5

2555 Prado Ln
Marietta, GA 30066


HIGHLIGHTS

  • Incredible hours! Only open from 11am to 9pm!
  • 100% Absentee-Owned! Management system in place for the Buyer!
  • Exit Location! New build-out! Equipment is less than 3 years old!

OVERVIEW

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 at (770) 664-9999 or email us at info@riverbrokers.com

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Mediterranean Restaurant in Marietta, GA!!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

11352

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

16-0582-0-012-0