Lithonia GA Restaurant Lounge, Hookah Bar, Event Center & Live Music Venue for Sale – Open, Well Established & Staffed – Keep or Convert
Lithonia GA Restaurant Lounge, Hookah Bar, Event Center & Live Music Venue for Sale – Open, Well Established & Staffed – Keep or Convert
Price: $130,000
Location: De Kalb
Industry: American Restaurants, Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 6119
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Lithonia GA Restaurant Lounge, Hookah Bar, Event Center & Live Music Venue for Sale
4,500/SF.
Fully equipped hooded kitchen.
Big stage for live music and entertainment.
Occupancy is 300.
Bar seats 30.
5-year lease at $4500 per month plus CAM of $1,102.33.
5-year Option to Renew at $4725 per month plus CAM of $1,102.33.
Rental rate stay flat with no increase for each 5-year period.
Fully Staffed.
Anchored Location.
Keep or Convert.
Books and Records are not being provided at this below-market pricing.
Name, trademarks, business included in sale.
Gross Revenue: N/A
Cash flow: N/A
Terms and Conditions?:
Books and Records are not being provided at this below-market pricing.
Name, trademarks, business included in sale.
Reason For Sale:
Other business interests.
Training & Support:
Fully staffed.
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: 4500
Type of Location: Anchored center
Square Footage: 4500
Facilities Information:
Anchored Location.
4,500/SF.
Fully equipped hooded kitchen.
Big stage for live music and entertainment.
Occupancy is 300.
Bar seats 30.
5-year lease at $4,500 per month plus CAM of $1,102.33.
5-year Option to Renew at $4,725 per month plus CAM of $1,102.33.
Rental rate stay flat with no increase for each 5-year period.
Competition:
Ask broker
Potential Growth:
Keep or convert