Midtown Atlanta GA CRU Restaurant, Lounge & Bar for Sale or Lease w/Real Estate – Next to Ponce City Market – Keep or Convert -$75,000
Midtown Atlanta GA CRU Restaurant, Lounge & Bar for Sale or Lease w/Real Estate – Next to Ponce City Market – Keep or Convert -$75,000
Price: $75,000
Location: Fulton
Industry: American Restaurants, Miscellaneous Restaurant and Bars
Listing ID: 6282
(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)
Midtown Atlanta GA Ponce City Market Area Restaurant & Bar for Sale or Lease w/Real Estate.
Cru located at 620 Glen Iris Dr NE #101, Atlanta, Georgia 30308 is available for lease or sale.
This is an incredible location in a stunning Condo and retail development at the corner of North Avenue steps away from Home Depot, Whole Foods, and adjacent to Ponce City Market and the Atlanta Beltline that has blown up and transformed this area.
Very desirable location near everywhere.
Approximately 1,500/SF.
Multi-Level.
0.276 Acres.
Parcel Number: 14 004800121603
Recommended Zoning: Commercial
Seating for 45.
10-seat bar.
The fully equipped venue includes Hot Sauce POS System with three terminals.
Ventless kitchen equipment pumps out small plates and full entrée’s.
Open and Operating so perfect for any restaurant and bar use or convert.
Keep or Convert.
Perfect for Office, Studio, or Professional Use.
$600,000 spent to open doors.
Stunning Build-out.
Books and Records of Business are not available.
Buyer could keep name and concept under a Franchise Agreement.
Pricing Options:
Real Estate and all Assets including furniture, fixtures, and equipment are priced at $699,000.
Buy furniture, fixtures, and equipment for $75,000 with a long-term lease at $7,500 per month including extra charges.
Owner financing on the sale of Real Estate is available. At full price, Seller would consider financing 40% personally guaranteed over three years at 6%.
Gross Revenue: N/A
Cash flow: N/A
Terms and Conditions?:
Books and Records of Business are not available.
Pricing Options:
Real Estate and all Assets including furniture, fixtures, and equipment are priced at $699,000.
Buy furniture, fixtures, and equipment for $75,000 with a long-term lease at $7,500 per month including extra charges.
Reason For Sale:
Other business interests.
Training & Support:
Ask broker
Monthly Rent: Buy furniture, fixtures, and equipment for $75,000 with a long-term lease at $7,500 per month including extra charges.
Type of Location: Ponce City Market
Square Footage: 1500
Facilities Information:
Very desirable location near everywhere.
Approximately 1,500/SF.
Multi-Level.
0.276 Acres.
Parcel Number: 14 004800121603
Recommended Zoning: Commercial
Seating for 45.
10-seat bar.
The fully equipped venue includes Hot Sauce POS System with three terminals.
Ventless kitchen equipment pumps out small plates and full entrée’s.
Competition:
Ask broker
Potential Growth:
Open and Operating so perfect for any restaurant and bar use or convert.
Keep or Convert.
Perfect for Office, Studio, or Professional Use.
$600,000 spent to open doors.
Stunning Build-out.
Books and Records of Business are not available.
Financing/Terms:
Owner financing on the sale of Real Estate is available. At full price, Seller would consider financing 40% personally guaranteed over three years at 6%.