Property Listing No Longer Available for Sale

000, Cumming, GA

Retail for Sale - $319,000 - 2,400 Sq. Ft.


Property Info

CIMLS#986571
Location
  000
  Cumming GA 30534
UpdatedFebruary 20th, 2018
TypeRetail
Price$319,000
Building2,400 Sq. Ft.

Property Description

Multiple awards winning restaurant and deli. Establishment uses authentic family recipes and only the freshest ingredients in its food. All recipes transfer to owner upon sale of the business.

Owner is retiring.

Located in booming area with fantastic gross revenue increases:

Gross Sales history: 2017-$809,000; 2016-$661,000; 2015-$500,700

Great lease with low rent at less than 5% of gross revenue.

Semi-absentee ownership.

Fanatastic reputation. Sales grow through word of mouth. Owner does very little marketing.

Great online reviews.

2,400 rentable square feet.

Lease Expires September, 2019

Low all in rent is $3,119 per month.

Indoor Seating- 88

Outdoor Seating-7

A complete FF&E list is available for review.


Financials


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