The Shumacher Group, Inc. has sold the Uncle Maddio’s Pizza Joint Franchise directly across from the Mall of Georgia. The Shumacher Group, Inc. and Steve Josovitz represented Seller in transaction.
Uncle Maddio’s Pizza Joint a Fast Casual National Restaurant Franchise just across from the Mall of GA.
- ADDRESS/AREA INFO:
Metro Atlanta High Traffic, High Density Suburban Location.
High traffic retail strip, explosive growth area, high visibility surrounded by
tons reatil shops, businesses, malls, etc.
2,520 square feet, 80 seats, End Cap, front/rear parking
- RENTAL RATE/TERMS/OPTIONS:
10-year lease term currently in 3rd year
$4976.45( All in) $4876.45 rent plus CAM @ $100
- OPERATING HISTORY:
June 20, 2013
- VOLUME/NET Profit /LOSS:
2014 $800,000 gross sales -running breakeven : $40,000 net profit(includes $34K GM salary). 2015 Gross Sales was $700,000 with a slight loss of approximately $7,000 without GM who was replaced by Seller who jumped back into running business full time.
- HOURS OF OPERATION:
Monday through Sunday from 11:00am – 10:00pm
- SELLING PRICE/TERMS: $320,000.
Brand recognition on the rise. Uncle Maddio’s is the first and nationally recognized as the fastest growing fast casual pizza restaurant in the nation founded in 2008 with 50 stores open and 175 in development. Currently, the Atlanta is market sold out with 2 other franchise rights either in a Georgia county or Washington DC area(you choose). Currently, there are no other Uncle Maddio’s nearby, which means you can define your mark in one of Georgia’s fastest growing counties. Owner built everything new from ground up. A very nice and fully functional community rich store. Currently, the store has One General Manager, 3 part-time leads, 12 hourly staff members @191K payroll. To open this restaurant will require $600K out of pocket cash including buildout, FF&E, permitting, licenses, and etc. Outstanding SBA loan debt @299K. Franchisor requires $5K transfer fee. One long term equipment lease ending March 15 freeing up an additional 9K a year dropping straight to the bottom line.
(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)
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