SOLD 11/2/23: Midtown Atlanta GA Restaurant, Bar, Lounge for Sale on Peachtree w/Private Dining Rooms, Hookah, Parking & 2-Large Kitchens – Keep or Convert – New Pricing w/Owner Financing
SOLD 11/2/23: Midtown Atlanta GA Restaurant, Bar, Lounge for Sale on Peachtree w/Private Dining Rooms, Hookah, Parking & 2-Large Kitchens – Keep or Convert – New Pricing w/Owner Financing
Price: $375,000
Location: Fulton
Industry: American Restaurants, Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 6089
SOLD
(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)
The V Restaurant & Lounge for Sale
Located at 710 Peachtree St NE, Atlanta, GA 30308
Midtown Atlanta GA Peachtree Rd Upscale 7,000SF Restaurant, Bar & Lounge for Sale
Freestanding 7,000/SF.
Keep Upscale or Convert.
Great Staff and Management in Place make for a flawless transition.
Two fully equipped and hooded kitchens.
100% Absentee Out of State Owner.
Hottest Location.
Seating for over 100 for Dining.
Private Lounge.
Several Bars.
Outdoor Dining.
400 guests in lounge configuration.
Hookah.
State of the Art Sound.
On-site parking.
DJ Booth.
2022 Gross Sales $3.6M
2023 Gross Sales on track to exceed $5,000,000
Long-term lease with Option to Renew.
Monthly rent at $29,000 includes all extras.
Incredible staff, management, and culinary team.
Sale does not include name, business, tax returns, books and records, and or trademarks.
Priced at $595,000 with Owner financing options.
Gross Revenue: $3,600,000
Cash flow: N/A
Reason For Sale:
Absentee owner.
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: 29000
Type of Location: Ask broker
Square Footage: 7000
Facilities Information:
Freestanding 7,000/SF.
Seating for over 100 for Dining.
Private Lounge.
Several Bars.
Outdoor Dining.
400 guests in lounge configuration.
Hookah.
State of the Art Sound.
On-site parking.
DJ Booth.
Long-term lease with Option to Renew.
Monthly rent at $29,000 includes all extras.
Sale does not include name, business, tax returns, books and records, and or trademarks.
Competition:
Ask broker
Potential Growth:
Ask broker
Financing/Terms:
Yes, ask broker for details.