VR | Valued Representation: Office Locations | Contact Us | Home

Drive-in Restaurant with Real Estate for Sale in South Metro

Reference #: 41415054
Location: South Metro
Price: $899,000
Amount Down: $899,000
Revenues: $560,219
Discretionary Earnings: $342,598
Total Assets: $754,500
Business Description:

When this business was established in 1975, the business was exclusively a drive in, but today, 33 years later the customers have a choice. The customers can choose to relive the past and enjoy ordering from one of twenty-six speaker intercom system, without leaving their car. Within a flash, your food is delivered by a friendly car-hop. If you are of the new generation, you can go inside and order your food in climate controlled comfort, bright, and sparkling clean dinning room that seats 44 people. This restaurant is recognized for serving only the freshest of all ingredients of any place in-town and is also widely known for the best sweet tea in town, and has pellet ice to boot. The restaurant is opened for Breakfast, Lunch and Dinner six days a week. The business is closed on Sunday s giving the new owner an opportunity to increase revenue and profit. Generations have found themselves suspended in time, serenaded by a jute box, drinking a hand-dipped and spun milkshake, and enjoying plenty of southern hospitality and charm. Today you can still find hamburgers, hotdog, fried chicken, chili, slaw that makes this place household name all around the surrounding area. This is a business with a formula for almost guaranteed success. Great Operating Margins: Revenue $560,000 Gross Margins 67% Adjusted Expense Margin 35% Adjusted Operating Income 32% Revenue if Opened on Sunday $620,000 Adjusted Operating Income if Opened Sunday 35% For further information call Mike Togneri 770.487.8055 x.102 or visit www.vrsatlanta.com


Contact Us About This Business For Sale

The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.