Steve Josovitz of The Shumacher Group, Inc. has sold Diesel Pizza and Pub in 16-days from going under contract with Buyer or exactly three weeks from Listing date. The Shumacher Group, Inc. and Steve Josovitz represented Seller but assisted Buyer in getting to Closing effortlessly.
Diesel Pizza and Pub is the home of a traditional New York/New Jersey family, serving pizza, paninis, subs, salads, and appetizers in a family-friendly environment, with free Wi-fi. Keep as is or convert.
994 Alpharetta St, Roswell, GA 30075 This is one of the hottest dining destinations in GA and the hardest to find space with a zero restaurant vacancy rate. Diesel Pizza is located in the heart of Historic Roswell, Georgia on the corner of Alpharetta Street and Roswell Street (next to the fire station).
SIZE/TYPE: 1750/sf. Freestanding building in converted vintage gas station with the largest patio in downtown Roswell. Seating for 60-guests with 14-seat bar and 70-seat outdoor patio. Full kitchen can produce any cuisine. POS system included is Hot Sauce with three terminals. 11-arking spaces come with building plus street parking and public parking one block away.
Current Lease rate is $4320 per month all in.
Months 97-108 – $4320
Months 109-120 – $4320
2nd Renewal Term
Months 121 – 132 – $4836
Months 133 – 144 – $4836
Months 145 – 156 – $5126
Months 157 – 168 – $5126
Months 169-180 – $5280
Taxes are billed back by LL in Dec.
|Insurance Type||Coverage ($)||Yearly Premium ($)|
|Property||500,000||included in GL policy|
|Liquor Liability||2,000,000||included in GL policy|
2015 Gross Sales $848,806 with a $156,998 net profit after paying all expenses.
2016 Gross Sales $765,570 with a net profit to absentee Owner of $158,782.
2017 numbers are almost the same as previous year.
HOURS OF OPERATION:
11:30am-10pm seven days.
Great opportunity in Historic Roswell! Step right in and take over!