North Atlanta Nightclub, Hookah Lounge & Restaurant for Sale – $300,000 2020 Net Profit – 10,000/sf with 2-Bars, Stage & Large Kitchen
North Atlanta Nightclub, Hookah Lounge & Restaurant for Sale – $300,000 2020 Net Profit – 10,000/sf with 2-Bars, Stage & Large Kitchen
Price: $895,000
Location: Fulton
Industry: American Restaurants, Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 4057
10,000/sf.
Capacity up to 900.
Two Bars.
Long-term lease at $10,000 per month all in.
Full kitchen.
Open six nights only.
2019 Gross Sales $600,000.
2019 Net Profit of $240,000.
2020 Gross Sales $1,000,000
2020 Net Profit $385,000
2021 Gross Sales $1,039,255.49.
2021 Net Profit 300,000
Tons of dedicated free parking.
Full Staff in place includes GM.
Food 25% of sales.
The owner works 20-hours weekly.
Priced at $895,000.
Gross Revenue: $1,039,255
Cash flow: $300,000
Reason For Sale:
Other business interests.
Training & Support:
Ask broker for details.
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: 10000
Type of Location: Ask broker.
Square Footage: 10000
Facilities Information:
10,000/sf.
Capacity up to 900.
Two Bars.
Long-term lease at $10,000 per month all in.
Full kitchen.
Open six nights only.
Tons of dedicated free parking.
Full Staff in place includes GM.
Competition:
Ask broker.
Potential Growth:
Ask broker.