Asking Price: $695,000 Gross Revenue: $965,896Cash Flow: $240,253 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Earn nearly a quarter million dollars at this bar for sale is Atlanta. High cash flow based on nearly $1 million in sales and perfect books and records! Rare opportunity to acquire legacy location churning out this kind of cash flow.
Rotating weekly DJ's and food specials are part of the signature of this bar for sale right in Atlanta metro. We're not talking the suburbs! Non-stop weekly events and specials to keep the traffic coming and the numbers don't lie. This is ground zero for all the action! Sales last year of nearly one million on mostly drinks and limited food. The owner takes home nearly a cool quarter million on the books at location offered by We Sell Restaurants! Signature cocktails and rotating draft beers from local Atlanta breweries mixed with their unique bar bites make this this cash cow easy to run! Will not last!
Acquiring a bar for sale with SBA lending is practically unheard of but this one's ready to go and set for lending. Bring 20% down and get big earnings today! This prime location in the Atlanta metro among the hip eateries and nightlife keep the profits high and the traffic moving. This is a unique property as a bar for sale rarely has earnings on the books that qualify it for lending. Bring just 20% down and we have three years of books and records ready for approval by SBA lenders in under a week.
You can pack 150 thirsty patrons inside the 3600 square foot bar for sale space. Outdoor space seats another few dozen for the Atlanta seasons, which allow for outdoor dining and drinking, three seasons a year. Excellent long term lease is below market rent. Current lease rate is just $4809 per month including all CAMS, Taxes, and Insurance! There is a ten year lease in place. Two separate liquor licenses. It's no wonder they're printing money with their occupancy rate all in at only 5.87 percent of sales.
The current seller is ready for a lifestyle change and has a young family. Hours of operation are Monday through Saturday from 5 pm through 2:30 am. Closed every Sunday, this money making bar for sale is perfect for you!
About the Business
Number of Employees:
Building Sq. Ft.:
$17,312,400.00 Per Month
Everything needed to fully operate this bar and grill
The Atlanta metro has the fifth largest population in the U S with 5 8 million residents and it is considered to be a top business city of the Southeastern U S
Growth & Expansion:
Fulton County s diverse economy and extensive transportation network make it an ideal commercial and industrial location Goods and people leaving Fulton County can reach 80 of the U S population in two hours
Bar for Sale earns $240,000 with Excellent Books! Lender Qualified!
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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