100% Absentee-Owned Mediterranean Food Franchise in Marietta, GA!
RestaurantsFor Sale in Marietta, GA
Financial & Assets Details
About the Business
100% Absentee-Owned! Management system in place for the Buyer!
Sales for 2020 during COVID were over $400,000 at 73% margins! Franchise royalties are the lowest in the industry at only 5.5%! Net Profit for 2020 during COVID was $64,000 after paying nearly $104,000 in full-time payroll! Owner-operator and family can take home over $170,000 per year!
Incredible hours! Only open from 11am to 9pm!
Lease is set to renew! Rent is only $4,634 with a 5+5 year lease available for the Buyer!
Exit Location! New build-out! Equipment is less than 2 years old!
Walking distance to a shopping mall and less than 3 miles from Kennesaw State University with over 40,000 students! Surrounded by residential homes and major retailers like Costco, Walmart, Publix, and more. 6 apartment complexes within a 3-mile radius totaling over 2,300 units!
High Average Daily Traffic Count at 24,600!
Authentic Mediterranean food with a variety of unique flavors to create some of the most delicious dishes. Open kitchen design with everything prepared in view. Every meal is cooked fresh to order.
New franchise model allows for Buyer to put in beer and wine to increase sales substantially!
Pre-COVID Sales were 15% higher. Please see attached P&L for 2020 sales during COVID.
Asking Price: $199,000 + inventory! Inventory is about $5,000 at cost.
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