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3412 Ernest W Barrett Pky NW
Marietta, GA 30064
Vincent's · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,620 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.01 AC
Zoning
NRC/WS

Amenities

  • Signage

About 3412 ERNEST W BARRETT PKY NW , MARIETTA, GA 30064

For sale is a casual Italian restaurant, bar, and pizzeria. Freestanding 4,620/SF with ample parking. Seating for over 220 plus a 15-seat bar and outdoor seating of over 22. High traffic, high density, middle to a high-income area with great visibility. Very large kitchen can pump out any volume. Fully equipped turnkey with a kitchen that has three walk-in boxes, double deck pizza oven and every piece of equipment needed to cook any cuisine. 5-terminal POS system controls all costs and sales. The previous Owner pulled out $400,000 in 2012 after paying all expenses and a full staff including two managers and kitchen team on sales of $1,800,00. Every year leading up to sale had seen business increases with sales for 2013 are up 12% with net profit closing in for a $500,000. Vincents sold for almost a million dollars on January 31, 2014, because of how successful hands-on Owner Operator was in the building Business. Last 3-Years Sales and Profit including 2018: Available upon request. Books are clean and solid. Recent Leasehold Improvements: New 4-ton HVAC Unit $10,423 2018 New 100-ton Boiler $11,474 2018 New Exterior Sign $ 4,450 2018 New Grease Trap $23,935 2017 New Rooftop HVAC Unit $ 6,100 2017 Plumbing Restoration 2016 $2166 Original Owner retired and sold to a Regional Restaurant Group who is selling to focus on different brands. Full staff including 4-Managers sale makes for a flawless transition. A strong team in place will help with a flawless transition. Landlord to negotiate a new long term lease with Options. Keep Italian with all recipes, trademarks, name and all F.F. & E are included in the sale. Hands-Owner Operator could dramatically increase business as the market has only exploded. Priced at $225,000 with some financing.

Property Taxes

Property Taxes

Parcel Number
20-0329-0-015-0
Land Assessment
$283,740
Improvements Assessment
$177,240
Total Assessment
$460,980
  • Listing ID: 15073756

  • Date on Market: 2/4/2019

  • Last Updated:

  • Address: 3412 Ernest W Barrett Pky NW, Marietta, GA 30064

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