Listing ID: 80484
Ghost Kitchen And Virtual Brand In Atlanta For Sale!
This is Gourmet Italian Food and Pizza
This is perfect for an owner-operator with some restaurant experience. This business concept has been trending through Covid and making money.
For sale is a ghost kitchen with Italian gourmet and pizza brand situated with a food hall that houses multiple ghost kitchens. The ghost kitchen space is 400 sq ft, and includes a prep area, a reach-in two-door refrigerator, two stone deck ovens and much, much more – everything you need to prep and cook.
This ghost kitchen presents an excellent opportunity to grow a brand highly efficiently with low overhead and lean labor cost of a full operating restaurant. The kitchen does house and grow multiple virtual brands within this space giving the owner the opportunity to grow other brands and revenue without adding any extra occupancy cost.
The purchase of the business includes various services from the food hall management team. The management team facilitates the delivery of the ghost kitchen’s food to the customer, whether the customer is a third-party delivery service or the end consumer. The management team provides some cleaning services for the ghost kitchen, a shared walk-in refrigerator and freezer, and a shared storage area.
In addition to rent, there is a 3% of sales fee for these services, and the share of utilities is $1600/month.
Hours: Closed Monday and Tuesday: Wednesday and Thursday 2:00 pm -10:30pn; 11am – 12pm Friday – Saturday
Furniture, Fixtures, & Equipment (FF&E):
1. Two stack garland stone deck oven. 48” wide deck
2. 80 pound stand mixer with table
3. Two door reach in cooler
4. 70” pizza prep cooler
5. 28” lowboy cooler
6. 20” lowboy glass door cooler
7. 27” salad prep cooler
8. 5 cubic foot chest freezer
9. Small lowboy glass door beverage cooler
10. 12 wall mounted green food storage shelves
11. 5 shelf roller rack
12. 2.5 gal soup warmer
13. Several pizza screens from 10”, 12”, 14”, 16”
14. Several sheet trays
15. Several hotel pans
16. Mixing bowls
17. Small rack with casters for flour
- Asking Price: $125,000
- Cash Flow: $90,000
- Gross Revenue: $315,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2020
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:400
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Offered Role as Chef back in home state
Hours: Closed Monday and Tuesday: Wednesday and Thursday 2:00 pm -10:30pn; 11am - 12pm Friday – Saturday
The company was started in 2020, making the business 2 years old.
The company has 2 employees and is situated in a building with approx. square footage of 400 sq ft.
The building is leased by the company for $3,450 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons people choose to sell businesses. Nonetheless, the true factor vs the one they say to you may be 2 entirely different things. As an example, they may say "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might just be justifications to attempt to hide the reality of changing demographics, increased competition, current reduction in profits, or a range of other factors. This is why it is really vital that you not depend absolutely on a vendor's word, yet instead, use the vendor's answer in conjunction with your overall due diligence. This will paint a more sensible image of the business's existing scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies take out loans with the purpose of covering things such as supplies, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that earnings margins are too small. Lots of companies fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that should be met or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location attract new consumers? Many times, companies have repeat customers, which develop the core of their daily revenues. Particular factors such as brand-new competition sprouting up around the area, road building and construction, as well as employee turnover can influence repeat clients and negatively impact future earnings. One important thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business on a regular basis, the higher the opportunity to develop a returning customer base. A last idea is the general area demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Just how might the regional mean house earnings influence future earnings prospects?