SOLD 3/31/21: Bareburger
SOLD 3/31/21: Bareburger
Price: $140,000
Location: Fulton
Industry: Real Estate and Rental and Leasing (NAICS 53), Food Services and Drinking Places (NAICS 722)
Listing ID: 2063
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)
Bareburger National Franchise for Sale.
Located at 715 Peachtree St NE #102, Atlanta, GA 30308.
A Midtown Atlanta Restaurant and Bar in stunning hi-rise.
Midtown Atlanta “In Your Face” Location on Peachtree Steps From The Fox Theatre, Universities, Malls, Business, Buckhead, Highways & Everywhere.
Great visibility steps from Peachtree Street.
High traffic location in the center of all the action.
Seating for 120 people.
Outside seating for 50.
Bar seats 13 plus high-tops.
3,000/sf.
1,500/sf. outside patio.
Negotiated rent terms:
Rent period from Feb 2017 to August 2027:
$9,385 per month
$1,100 CAM
Cost to open $1 million
Free dedicated parking.
Keep or Convert to any full service or casual concept.
Land of a Thousand Hills Coffee is next door so that would be an excluded concept.
Owner-Operator is unable to sell as Franchisor is unable to support new Franchisee.
Priced at $295,000 for all furniture, fixtures, equipment, and rights to transfer the long-term lease.
Gross Revenue: $960,000
Cash flow: N/A
EBITDA: N/A
Accounts Receivable: Ask broker. (Included in Price)
FFE Included: Ask broker.
Reason For Sale:
Relocation to Midwest USA.
Training & Support:
Please ask business broker for details.
Year Established: 2018
Days & Hours of Operation: Ask business broker.
Owner Hours Per Week: Ask business broker.
Non-Owner Payroll: Ask business broker.
Employees: Ask business broker.
Managers: Ask business broker.
Monthly Rent: $9,385
Type of Location: Midtown Atlanta on Peachtree Street
Square Footage: 3,000
Facilities Information:
Great visibility steps from Peachtree Street.
High traffic location in center of all the action.
Free dedicated parking.
Seating for 120 people.
Outside seating for 50.
Bar seats 13 plus high-tops.
3,000/sf.
1,500/sf. outside patio.
Negotiated rent terms: Rent period from Feb 2017 to August 2027 -
$9,385 per month
$1,100 CAM
Cost to open $1 million.
Historical Summary:
Ask business broker.
Owner Qualifications:
Ask business broker.
Competition:
Please ask business broker for details.
Potential Growth:
Keep or Convert to any full service or casual concept.
Excluded concept would be a Coffee Cafe as Land of a Thousand Hills Coffee is next door.