Steve Josovitz of The Shumacher Group Sells Arbor Mall Douglasville GA Restaurant. The Shumacher Group, Inc. and Steve Josovitz represented Seller but guided both to a successful Closing.
About:
Arbor Mall (Douglasville, GA) Restaurant for Sale.
Located Inside Arbor Place Mall, 6700 Douglas Blvd, Douglasville, GA 30135
Keep or Convert
170/SF.
Owner Operated w/No Staff.
2021 Sales $209,000.
$82,456 Net (EBITDA)
2022 Net Profit $80,589,81
2022 Gross Sales $214,640.00
2023 Numbers are on track for another incredible year.
Rent is $3600 monthly.
$166 rent per month on storage space.
| YEAR – 2021 | 12 Month 2021 | 12 Month 2022 |
| Sales | $209,393.00 | $214,640.00 |
| Food and supplies | $58,128.20 | $60,099.20 |
| Gross Profit | $151,264.80 | $154,540.80 |
| Insurance | $363.00 | $363.00 |
| License and Permits | $363.91 | $363.91 |
| Merchant Account fee | $5,863.00 | $0.00 |
| Payroll expeses | $6,000.00 | $6,000.00 |
| Garbage | $540.00 | $540.00 |
| POS fee | $480.00 | $480.00 |
| Pest Control | $300.00 | $300.00 |
| Rent Expense | $43,294.56 | $43,294.56 |
| Utilities | $6,541.20 | $6,541.20 |
| Storage rent | $1,999.92 | $1,999.92 |
| Sales Tax | $12,843.58 | $12,878.40 |
| Supplies | $150.00 | $100.00 |
| Greaase Trap cleaning | $420.00 | $420.00 |
| CO2 | $190.00 | $190.00 |
| Telephone expenses | $1,800.00 | $480.00 |
| Total Expeses | $81,149.17 | $73,950.99 |
| NET PROFIT | $70,115.63 | $80,589.81 |
Tasty FAST opened in April 2014 and is located inside the Arbor Place Mall, lower level near Macy’s, across Picture People. Since then, the place has been serving Douglasville city locals with great quality dishes such as Loaded fries, Grilled cheese sand witches, funnel cakes, funnel fries and natural frozen drinks.
Place was designed by Kalpana Kalavapalli reflecting fast food environment with prepare to order style. The food is made to the order fresh with an excellent customer service. The place is not only servicing city locals, it is also a prime location for mall employees.
Very simple operations, minimal prep work, minimal wastage, and a good business for a family or an owner-operator.
Running for the last 8 years, regular customers will keep coming, turn the lights on and start the business.
Can be managed with 1-2 employees with a great bottom line.
There are too many requests and queries for franchising this unique concept so, with the right ownership, this can be a great opportunity to expand and/or franchise this business.
This store is approved to serve breakfast as well so this can be additional revenue.
The sale price included all the equipment in the Kiosk and storage room.
Very simple operations. No prep work. Cleaning and running basic restaurant operations. 80 hours of training are included in the price.
Owner retirement forces sale.
Priced at $100,000.
