Atlanta GA Virginia Highland-North Highland Avenue Restaurant & Bar for Sale w/Outdoor Patio- Hot Location – High Profit – Absentee Owner – Est 15-Years – Solid Books.
Atlanta GA Virginia Highland-North Highland Avenue Restaurant & Bar for Sale w/Outdoor Patio- Hot Location – High Profit – Absentee Owner – Est 15-Years – Solid Books.
Price: $660,000
Location: Fulton
Industry: American Restaurants, Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 6040
Atlanta GA Virginia Highland-North Highland Avenue Restaurant & Bar for Sale
Hot Location.
Profitable.
Absentee Owner.
Est 15-Years.
3,100/SF.
Seating for 100.
Outdoor Patio seats 30.
Bar seats 100.
Rent at $11,000 monthly all-in.
Almost 5-years left on Lease.
5-year Option to Renew.
Full Staff, Front and Back of the House Management Team makes for a flawless transition with zero hiccups.
Keep or Convert.
2022 Gross Sales $1,478,349.09
2022 Net Profit $259,347.16
2023 Numbers are tracking high.
Priced at $660,000.
Gross Revenue: $1,478,349
Cash flow: $259,347
Reason For Sale:
Absentee owner
Training & Support:
Full Staff, Front and Back of the House Management Team makes for a flawless transition with zero hiccups.
Year Established: 2009
Days & Hours of Operation: Ask broker
Owner Hours Per Week: Ask broker
Non-Owner Payroll: Ask broker
Employees: Ask broker
Managers: Ask broker
Monthly Rent: 11000
Type of Location: Ask broker
Square Footage: 3100
Facilities Information:
3,100/SF.
Seating for 100.
Outdoor Patio seats 30.
Bar seats 100.
Rent at $11,000 monthly all-in.
Almost 5-years left on Lease.
5-year Option to Renew.
Competition:
Ask broker
Potential Growth:
Keep or convert