Buckhead Village Atlanta GA Bar for Sale – $1M Net Profit – Great Below Market Lease – Owner Financing – Absentee Owner
Buckhead Village Atlanta GA Bar for Sale – $1M Net Profit – Great Below Market Lease – Owner Financing – Absentee Owner
Price: $3,500,000
Location: Fulton
Industry: American Restaurants, Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 6237
Buckhead Village Atlanta GA Bar for Sale
8,000/SF.
Multiple Bars.
Capacity up to 700.
Outdoor Venue.
$2M build out.
Well Established.
Incredible Staff in place.
Absentee Owner.
2023 Gross Sales $1,936,041.15.
2023 Net Profit including Owner Salary and Add-Backs was $997,475.63.
Books and records.
Monthly rent at $20,000 All-In.
Ten-Year Lease.
5-Year Option to Renew.
Keep or Convert.
$3,500,000 with Owner financing options.
Gross Revenue: $1,936,041
Cash flow: $997,475
Reason For Sale:
Absentee owner
Training & Support:
Incredible Staff in place.
Employees: Incredible Staff in place.
Monthly Rent: 20000
Type of Location: Buckhead Village
Square Footage: 8000
Facilities Information:
8,000/SF.
Multiple Bars.
Capacity up to 700.
Outdoor Venue.
$2M build out.
Well Established.
Incredible Staff in place.
Absentee Owner.
Monthly rent at $20,000 All-In.
Ten-Year Lease.
5-Year Option to Renew.
Competition:
Ask broker
Potential Growth:
Keep or convert
Financing/Terms:
Yes, ask broker for details