Midtown Atlanta GA Upscale Freestanding Restaurant, Bar & Ultra Hookah Lounge for Sale – $5M Sales – Million Dollar Stunning Build Out
Midtown Atlanta GA Upscale Freestanding Restaurant, Bar & Ultra Hookah Lounge for Sale – $5M Sales – Million Dollar Stunning Build Out
Price: $2,000,000
Location: Fulton
Industry: American Restaurants, Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 6039
Midtown Atlanta GA Upscale Freestanding Restaurant, Bar & Ultra Hookah Lounge for Sale – $5M Sales – Million Dollar Stunning Build Out
Midtown Atlanta GA Upscale Restaurant, Bar & Ultra Hookah Lounge for Sale.
Freestanding 7,000/SF.
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
2022 Net Profit $300,000.
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, and trademarks.
Priced at $2,000,000.
Absentee Owner.
Gross Revenue: $3,600,000
Cash flow: $300,000
Reason For Sale:
Absentee owner.
Training & Support:
Ask broker
Year Established: 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, and trademarks.
Competition:
Ask broker
Potential Growth:
Ask broker