Steve Josovitz of The Shumacher Group Sells Johnny’s New York Style Pizza Franchise – West Midtown Atlanta. The Shumacher Group, Inc. and Steve Josovitz represented Seller and guided parties to Closing.
Seller Facts:
Johnny’s New York Style Pizza-pizza/pasta/subs/wings
- Upper West Midtown,1465 Chattahoochee avenue ste*850 Atlanta Ga 30318
Other Tenants in shopping complex-
- State Farm
- Café at Pharr (restaurant lunch only)
- Pet gallery (Pet supplies and Grooming)
- Gresham Giles Salon (Hair Stylist)
- Brad Kolowich (personal trainer, fitness center)
- Greater Southern Holms recreation (Pool tables, darts, sports equipment high-end stuff)
- 2680 square feet
Seating capacity-72 inside 36 patio 108 total
- 5-4 top tables
- 6-4 top booths
- 3-6 top booths
- 1-6 Top round
- 9 bar seats high chairs
- 2-person capacity satellite high top bar top with bar stools
Outside seating covered patio open air
- Seating for 20-covered
- Bar top outside seating for 7
- 3 tables uncovered seating for 6
- Lease-Rent, CAM, INS & Taxes 10/1/2017 thru 9/30/2018-$5871.00 per month
Lease-Rent, CAM, INS & Taxes 10/1/2018 thru 9/30/2019-$6027.00 per month
Lease 10/1/2019 thru 10/31/2019 $6187.00 one month term, lease term expires 10/31/2019
Options- 5 year additional option
- Opened September 2009
Total cost build out and equipment-
- $200,000 owner completed the build out.
- No loans or liens
- Volume highest 1.2 million, average last 4 years 950,000
Profitable ( books and records available )
Manager salaries $ 97,000.00
Hours of operation-
- MONDAY-SATURDAY-11-10
- SUNDAY 12-9
- Staff break down- total employees 21
- Kitchen-9 emp
- Server/Mgr-7 emp
- Driver-5 emp
- Utilities- anywhere from $4000.00- $ 5300.00 depending on the season
Click Here for Johnny’s New York Style Pizza History
Click Here for Tripadvisor Reviews
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