Established almost ten years.
Full service well known and popular restaurant within the Downtown Atlanta, College Park and Hartsfield–Jackson Atlanta International Airport.
This full service but casual restaurant has a great menu of steak, seafood specialties, apps and great desserts.
Established and operated by same owner Owner for almost ten years.
Seating for 140 with 12-seat full service bar and 120-seat outdoor patio.
Plenty of dedicated parking.
Almost a million dollars spent on opening doors. Everything is in excellent condition and fully up to code.
Monthly rent is $4800 plus real estate taxes at $6,000 per year. Several years remain on lease with 2-5 year options to renew.
2014 gross sales was $1,050,000 with net profit to Owner who doesn’t run a single shift of $100,000. Net is after all expenses, labor, rent, plus GM $60,000, 2-Assistant Managers at $40,000 apiece, Executive Chef/Kitchen Manager $40,000. An additional kitchen staff member earns $35,000 but will not be retained in sale and is not a required position.
2015 monthly gross sales are up 5% over 2014 at $1,080.311 with Absentee Owner pulling out on the books $117,644 after paying all expenses and staff.