Midtown Atlanta Freestanding Restaurant & Bar for Sale w/Several Kitchens – Hot Location w/Dedicated Parking – Sales Have Reached $3.5 Million
Midtown Atlanta Freestanding Restaurant & Bar for Sale w/Several Kitchens – Hot Location w/Dedicated Parking – Sales Have Reached $3.5 Million
Price: $795,000
Location: Fulton
Industry: Food Services and Drinking Places (NAICS 722)
Listing ID: 3077
Midtown Atlanta Freestanding Restaurant & Bar for Sale.
6,100/sf.
Several Kitchens.
Hot Location w/Dedicated Parking.
Sales Have Reached $3.5M.
2019 Gross Sales $3.2M
2019 Net Profit $500,000
Seating for almost 300.
Outdoor seating for 50.
25-seat bar.
Dedicated free parking.
Exhibition open kitchen.
Long term lease at approximately $28,000 including CAM, Electric and Water.
Almost five years remain on lease with multiple five-year options to renew.
Seller to share sales and profit numbers but sale does not include business or name.
Gross Revenue: $3,200,000
Cash flow: $500,000
Reason For Sale:
Other business interests.
Training & Support:
Ask broker.
Year Established: Ask broker.
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: 28000
Type of Location: Ask broker.
Square Footage: 6100
Facilities Information:
6,100/sf.
Seating for almost 300.
Outdoor seating for 50.
25-seat bar.
Exhibition open kitchen.
Several Kitchens.
Hot Location w/Dedicated Parking.
Long term lease at approximately $28,000 including CAM, Electric and Water.
Almost five years remain on lease with multiple five-year options to renew.
Historical Summary:
Ask broker.
Owner Qualifications:
Ask broker.
Competition:
Ask broker.
Potential Growth:
Ask broker.