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#Business ID: 17506

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Italian Restaurant - University Town Features 6 Figure Earnings

Business Location: Athens, Clarke, Georgia, United States

Asking Price: $ 540,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Features

* Italian Restaurant for sale in Athens is a big moneymaker for an owner operator
* Owner benefit on this successful operation is more than $200,000 a year on sales of just at $1 million
* Well managed food costs and an incredible low rent that�s only 4.1% of sales
* The restaurant has a commercial kitchen that is fully equipped with items like an 8 foot hood, stove, cook top, freezers, and coolers.
* Traditional and unique Italian fare, a great wine list and service that is off the charts when you read reviews online
* You�re right at the doorstep to the University of Georgia in a town Forbes 2011 ranked #1 in Georgia Small Best Places for Business and Careers.
* Italian Restaurant for Sale in Georgia

Hood System: Yes

This Italian Restaurant for sale in Athens is a big moneymaker for an owner operator. Take over the reins of this successful restaurant today.

Italian Restaurant for sale has big earnings, a loyal following and ridiculously low rent. Why start something new when you can take over the reins of this successful restaurant? Owner benefit on this successful operation is more than $200,000 a year on sales of just at $1 million which has well managed food costs and an incredible low rent that’s only 4.1% of sales. It’s easy to earn profits this high when your fixed costs and overhead from rent are so low on this Italian restaurant for sale. The restaurant brokers are submitting it for lending which should be no problem since the books and records are excellent.

The restaurant has a commercial kitchen that is fully equipped with items like an 8 foot hood, stove, cook top, freezers, and coolers.

This Italian restaurant for sale has both traditional and unique Italian fare, a great wine list and service that is off the charts when you read reviews online. The seller will transfer all his knowledge, expertise and recipes to you as the new owner when you buy this Italian restaurant for sale.

Service is just 5- 11 for dinner with top line sales approaching the one million dollar mark. An onsite owner/ operator could drive more opportunity by reaching out to local businesses, organizations and the University of Georgia for catering business. That’s right. You’re right at the doorstep to the University of Georgia in a town Forbes 2011 ranked #1 in Georgia Small Best Places for Business and Careers.

Online comments range from “We thought we were in Italy at the first bite.” To “Frankly, I wanted to lick my plate when I finished.” The menu ranges from classic pasta dishes like to silky Tagliatelle and melt-in-your mouth Gnocchi made from scratch daily. Their signature dish are the meatballs made with a secret family recipe that will transfer to the new owner of this Italian restaurant for sale along with the process for their home made fresh bread seasoned with sea salt and extra virgin olive oil.

The restaurant brokers have a real winner in this one between the hometown atmosphere, college town business generated by the games and big earnings.

Property Details

Size:

1700 Sq. Ft.

Property Type:

Lease

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