| Asking Price |
$264,000 | Inventory |
$2,500* |
|---|---|---|---|
| Gross Income |
$524,988 | Real Estate |
$635,000** |
| Cash Flow |
$111,733 | Year Established | 1975 |
| FF&E |
$117,000* | Employees | 11 |
* included in the asking price
** not included in the asking price
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 jukebox, drinking a hand-dipped and spun milkshake, and enjoying plenty of southern hospitality and charm. Today you can still find hamburgers, hot-dog, 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
Facilities: 2500 square feet located on 36,000 square foot lot. Property/buiding can be leased or purchased.
Competition: Excellent food at competitive prices brings customers back, generation after generation.
Growth/Expansion: If new owner opens the restaurant, revenue is estimated to increase at least $60,000 per year
Financing: Owner will considerr for qualified buyer.
Support/Training: Will negotiate, but a minimum of two weeks
Reason Selling: 33 years, he wants to change career.

Mike Togneri
770.487.8055 x.102
VR Mergers and Acquisitions
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