Sandy Springs (Atlanta) GA Ultra Lounge, Restaurant and Hookah Bar for Sale – High Profit – High Traffic Roswell Road Location – Owner Financing – Great Books
Sandy Springs (Atlanta) GA Ultra Lounge, Restaurant and Hookah Bar for Sale – High Profit – High Traffic Roswell Road Location – Owner Financing – Great Books
Price: $450,000
Location: Fulton
Industry: Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 4068
Sandy Springs (Atlanta) GA Ultra Lounge, Restaurant and Hookah Bar for Sale
Profitable.
High Traffic.
High Visibility.
Great Books.
2055/sf.
Rent is $4,862.93 per month all in.
9-years remain on the lease.
Opening costs $340,000.
Well established.
2021 Gross Sales YTD to November 7th is $529,535.26
2021 YTD November Net Profit $162,000
2022 number are thru the roof and better than previous year. Seller projecting $1M for 2022 Sales.
Food Sales 35%.
Alcohol Sales 50%
Hookah Sales 15%
Priced at $450,000 with Owner Financing options available.
Gross Revenue: $529,535
Cash flow: $162,000
Reason For Sale:
Other business interests.
Training & Support:
Ask broker for details.
Year Established: 2020
Days & Hours of Operation: Ask broker.
Owner Hours Per Week: Ask broker.
Non-Owner Payroll: Ask broker.
Monthly Rent: 4862
Type of Location: Ask broker.
Square Footage: 2055
Facilities Information:
2055/sf.
Rent is $4,862.93 per month all in.
9-years remain on the lease.
Opening costs $340,000.
Competition:
Ask broker.
Potential Growth:
Ask broker.
Financing/Terms:
Yes, some. Ask broker for details.