#4025
Steve Josovitz of The Shumacher Group Sells Pizza King an Ellijay GA Pizzeria. The Shumacher Group, Inc. and Steve Josovitz represented Seller but smoothly guided all Parties to a successful Close.
Pizza King is located at 200 Old Orchard Square, East Ellijay, GA 30540.
Nationally anchored Ingles Shopping Center with Post Office and Burger King on an out-parcel.
Beautiful North GA Mountains location.
2000/sf.
Seating for 42.
$3100 monthly rent all in.
$100 annual increases.
Established 1992.
Gross Sales 2019 $753,000
Net Profit 2019 $180,000
Gross Sales 2020 $815,000
Net Profit 2020 $180,000
Gross Sales 2021 Monthly $70-000 -to $75,000
Net Profit 2021 Monthly $14,000
Restaurant run by Husband-Wife team with 2-Drivers, 3-Cashiers, and 5-Cooks.
Full training and support included in the sale.
Priced at $325,000.
Old Orchard Square Shopping Center
About Landlord:
Stop by Old Orchard Square to stock your pantry at Ingles, dine at Okinawa Hibachi & Sushi or Pizza King, get a mani/pedi at Lucky Nails, focus on wellness at Benchmark Physical Therapy or shop for your home at Black Bear Antiques or Farmers Home Furniture. Conveniently located on SR-515 in East Ellijay.
