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RESTAURANT FOR SALE/LEASE
Atlanta Burrito Restaurant For Sale
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Crowd pleasing restaurant for sale by We Sell Restaurants. For more than five years, this casual dining location focused on Mexican cuisine has been serving up some of Atlanta's best burrito. Winner of "Atlanta's Best" award by the Atlanta Journal Constitution.
Great food and loyal clientele for the concept operating successfully for many years generated income in excess of $300,000 last year with earnings for the owner of $60,000.
2000 square foot location handles almost 70 people. Rent is very attractive at only $2,333 per month plus CAMS. Five year lease with option for additional five years.
Price includes successful restaurant, all furniture fixtures and equipment. Kitchen fully equipped with hood, grease trap, coolers and more to not only meet the current menu but also allow for expansion.
Earnings of $60,000 for an owner/operator can be paid back in 24 months on an excellent offering price. This restaurant has excellent books and records including three years of tax returns available for review by qualified buyers.
Open from 11am to 9pm Mondays-Saturdays. Lunch and dinner service daily. Entire menu available for Takeout. Beer service.
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General Information
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| Listing Status: |
Available |
| Price: |
$129,000 |
| Location: |
Atlanta-Restaurant-for-Sale |
| Last Year's Annual Gross: |
$376,692 |
| Last Year's Adjusted Net: |
$63,316 |
| Lease Information: |
Expires 11/30/12 + 5 yr option |
| Monthly Rent: |
$2,333 |
| Liquor License: |
beer/wine |
| Indoor Seating: |
68 |
| Outdoor Seating: |
15 |
| # of Part-Time Employees: |
7 |
| # of Full-Time Employees: |
2 |
| Hours Open: |
11am to 9pm Mon - Sat
Closed Sunday |
| Year Established: |
1999 |
| Inside Sq. Ft.: |
2000 |
| Hood System: |
Yes |
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Highlights
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- Voted Atlanta's Best Burrito's
- Excellent Books & Records - Tax Returns for Three Years
- Well Established - Five Years or More
- Excellent Lease - $2300 month
- Easy to Operate
- Great Food & Loyal Clientele
- 20% Earnings- Excellent Return all Verifiable
- Beer Service
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. We Sell Restaurants has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.
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