North Georgia Area #1 Franchise!
Location: Georgia > Pickens County > Marble Hill
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $1,100,000
Gross Revenue: $427,000
Cash Flow: $60,000
Real Estate: $1,100,000 (Included in Asking Price)
Seller Financing: Negotiable
Business Summary
Beautiful mountain area restaurant for sale in Pickens County, GA. Home to the world's largest marble formation. Located adjacent to a very popular resort, this Marble Hill restaurant features a diner themed menu this is popular with tourists and locals alike. Low royalty rates and name recognition are added factors for this franchise restaurant. Eligible for SBA lending, this is an opportunity to acquire a unit in one of the few restaurant chains that has grown in 2007. Sales were over $427K in 2007 and are tracking to beat that this year. As reported in "Nation's Restaurant News" for 2007 this franchise was #1 in sales growth, #1 in unit growth and #1 in its catagory for number of units for the second year in a row! All FF & E are offered for $175,000 or as a package with the RE for $1,100K.
About the Business
Year Established: 2005
Employees: 6 full time - 8 part time
Franchise: Yes
Facilities: 1 Acre. Free Standing Building.
Market Outlook and Competition: Heavy tourist area.
About the Sale
Management Training and Support: 2 Weeks Corp. 2 Weeks Owner training.
Reason For Selling: Other Ventures
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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