Lithonia GA IHOP Restaurant for Lease - Freestanding, Fully Equipped, No Key Money

This listing presents an opportunity to lease a freestanding IHOP restaurant located in Lithonia, Georgia, at 2910 Stonecrest Cir. Situated conveniently near The Mall at Stonecrest and the Expressway, this 5200 sq/ft establishment offers seating for 180 patrons. The business has been under the same ownership for 11 years and is fully equipped, with the potential for conversion to any restaurant concept. Notably, there is no key money or security deposit required, and the monthly rent is $17,600. The business is currently operating, and potential buyers are asked to respect the staff and management. Financials indicate gross revenue under $500,000 and SDE of $100,000. This is a lease opportunity, not a franchise sale.