The Shumacher has sold today the Atlanta Bread in Cumming. The Shumacher Group, Inc. and Steve Josovitz represented Seller.
Opened almost twelve years.
Incredible location in super hot anchored center with every big box National retail anchor you can think of. Super high traffic and high density location with big lunch market.
Current Owner is absentee other then stopping by for three hours a day during week at lunch time so a hands on owner could dramatically increase sales and profit. This casual bakery cafe is well established and serves baked goods, sandwiches, salads, desserts, coffee and is 100% turnkey with strong corporate support and training.
Space is 4500 with seating up to 100 guests.
Long term lease with options is currently at $16,750 per month all in.
Gross Sales for 2012 was $1,620,000 with net profit at $256,000 Gross Sales for 2013 was $1,503,000 with net profit at $220,000 Gross Sales for 2014 was $1,238,433.97 with net profit at $134,211.80. Franchise fees are 5% with advertising at 2%.
About Atlanta Bread:
In 1993, Atlanta Bread began as a small sandwich cafe tucked away in Sandy Springs – a suburb of Atlanta, Georgia. We quickly became a fast-growing concept that answered a unique need – to satisfy appetites with fresh, quality food in a casual, friendly setting. The Atlanta Bread concept proved to be so appealing the company began offering franchise opportunities in 1995.
Our philosophy is simple: we use fine ingredients and traditional methods to produce exceptional sandwiches, salads, soups, and pastries. Atlanta Bread offers gift cards, online ordering*, and online catering* for group events.
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