925 Battery AveAtlanta, GA 30339
- Retail properties
- 500 SF
Property Details for 925 Battery Ave
- Property size (Sq ft)
- 500 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This thriving 500-square-foot ramen restaurant, located within the vibrant Ph'east food hall at The Battery Atlanta, is offered for sale at $751,272. Situated at the intersection of I-75 and I-285 in Cobb County, Georgia, this prime location benefits from high foot traffic and visibility adjacent to Truist Park, home of the Atlanta Braves. Established in February 2020, this award-winning restaurant boasts a loyal customer base and a reputation for serving classic and innovative ramen dishes. The business features a fully equipped, vented kitchen and ample storage space. Financial records indicate strong performance, with 2022 gross sales of $880,000 and net profit of $190,000, and 2023 gross sales of $751,272 and net profit of $165,000. Operating expenses, including rent, CAM, and taxes, approximate $9,500 per month. The restaurant operates daily from 11:00 AM to 9:30 PM and benefits from a ten-year lease with two five-year renewal options. The sale includes a well-trained staff of 23, including a general manager, and provides opportunities for local training and absentee ownership. This turnkey operation presents a unique opportunity for a buyer seeking a profitable and established restaurant in a high-growth area. The restaurant is part of a mixed-use development with a variety of dining and entertainment options, ensuring a consistent flow of customers.
Location Insight
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Latitude
- 33.8876
- Longitude
- -84.4705
Comparable in this City
Similar Nearby for Sale
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