North Atlanta Freestanding Casual Italian Restaurant & Pizzeria for Sale – Well Est. – Absentee Owner – Profitable – Clean Books and Records – Attractive Pricing w/Owner Financing Options – Keep or Convert

by Steven Josovitz

Post image for North Atlanta Freestanding Casual Italian Restaurant & Pizzeria for Sale – Well Est. – Absentee Owner – Profitable – Clean Books and Records – Attractive Pricing w/Owner Financing Options – Keep or Convert

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For sale is a casual Italian restaurant, bar, and pizzeria.

Freestanding 4,620/SF  with ample parking.

Seating for over 220 plus a 15-seat bar.

High traffic, high density, middle to a high-income area with great visibility.

A very large kitchen pumps out any volume. Fully equipped turnkey with a kitchen that has three walk-in boxes, double deck pizza oven and every piece of equipment needed to cook any cuisine.

5-terminal POS system controls all costs and sales.

This restaurant has operated under the same strong local brand for the past 15 years.  Prior peak sales reached $1,650,000.

Several years of almost audited numbers including 2019

Immaculate books are clean and solid and available upon request.

Recent Leasehold Improvements:

4-ton HVAC Unit $10,423

100-ton Boiler $11,474

Exterior Sign $ 4,450

Grease Trap $23,935

Rooftop HVAC Unit $ 6,100

Plumbing Restoration 2016 $2166

Original Owner retired and sold to a Regional Restaurant Group who is selling to focus on different brands.

The full staff makes for an easy transition.

A strong team in place will help with a flawless transition.

All staff will stay except the General Manager but will stay during the transition to train new Owner or replacement GM.

Term is left on lease with Option to Renew.

Rent is $10,472/month including the rent of $9,250 and insurance of $245. 

Real Estate Taxes are $977/month.

Real Estate Insurance is $245 per month.

Keep Italian with all recipes, trademarks, name and all F.F. & E are included in the sale.

Hands-Owner Operator could dramatically increase business as the market has only exploded.

Keep as is or convert to any concept.

Priced at $195,000 with some Owner financing.

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