Steve Josovitz of The Shumacher Group, Inc has sold OY! a Vinings Breakfast Lunch Restaurant Close to Home Depot HQ. The Shumacher Group, Inc. and The Shumacher Group, Inc. represented Seller in the transaction and listing along with assisting and guiding Buyer to Closing.
Info on OY!
OY! is located at 2355 Cumberland Parkway #80, Atlanta, GA 30339. Steps away from Home Depot World Headquarters and one exit from the Cumberland Mall, Cobb Galleria, and Office Marketplace plus the amazing new Atlanta Braves Stadium.
Metro Atlanta Breakfast Lunch Restaurant & American Eatery with breakfast & lunch fare, including design-your-own home cuts fries & mac ’n’ cheese plus an extensive selection of Sandwiches, Burgers, Omelettes, Gluten Free Pancakes, Salads, Desserts, and overindulgent yumminess.
Currently being operated 100% absentee.
Poised for National Growth or Franchising.
Fully Equipped Open & Operating Turnkey.
High to Middle income, high density, high traffic location in an anchored shopping center.
Rent – $6,164.50 all in.
Rent has no personal guarantee for the current Tenant. PG remaining depends on the financial strength of Buyer.
Rent includes trash and garbage.
Opened July 2015.
Full books and records are available.
Total Sales for 2018 $653,077
Total Sales 2017 $647,554
Total Sales 2016 $539,942
An incredible staff makes for a flawless transition and includes General Manager $45,000, Kitchen Manager $40,000, Assistant Manager, cooks, prep cooks, servers and Absentee Owner who runs zero shifts.
Utilities include electric at $1200 per month and Gas at $300 per month.
Average monthly Payroll – $17,000 – 10 employees including exec chef and manager
Hours – Monday-Friday 8-2, Saturday/Sunday 8-3
Existing turnkey operation.
Large kitchen perfect for any kind of food. We own all the furniture and furnishings. Multiple TVs and 55-inch electronic menu boards.
Bills – Gas, Power, Cintas, Ecolab (dishwasher), workman’s comp, insurance policy, food/beverages ordered through Sysco and restaurant depot, Co2, Charter cable, music service, Janpro (nightly cleaning), quarterly grease trap and hood cleaning, website monthly fee, menu sign monthly fee.
No arrears, no loans.
Rent security deposit paid $5200.00
No issues, no legal actions.
No equipment issues.
The place runs like a charm. Unusually easy restaurant to run.
65 seats including 7 bar.
Hip, cool and retro space with poured concrete floors, high ceilings, state of the art kitchen, rear entrance for deliveries and catering, bathrooms with stonework, modern lighting, etc.
Tons of press (tv, radio, internet, print), tons of social media marketing, Valpak, Scoutmob (weekdays only) and multiple food festivals.
Super smooth and easy daytime operation. Could easily go nights and likely double/triple, etc.
A super easy concept that could be easily duplicated anywhere with amazing growth and franchise potential.
Adding dinner shifts plus beer and wine could dramatically increase sales and profit.
Full training and support during the transition at no cost to Buyer.
Seller will include concept, brand and all proprietary recipes in the sale.
All equipment is not only debt free but in excellent condition. with only some permanent fixtures owned by Landlord.
Dishwasher, soda system, coffee, and tea machines are all leased.
Space is fully up to code.