Steve Josovitz of The Shumacher Group Sells Pizza King an Ellijay GA Pizzeria Est. 30 Years w/ $14,000 Monthly Net Profit

by Steven Josovitz

Post image for Steve Josovitz of The Shumacher Group Sells Pizza King an Ellijay GA Pizzeria Est. 30 Years w/ $14,000 Monthly Net Profit

#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.

Print Friendly, PDF & Email

Previous Listing:

Newer Listing: