Asking Price: $695,000 Gross Revenue: $965,896Cash Flow: $240,254 (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.
High volume Atlanta bar for sale is cranking out nearly $1 million in sales and netting over $240,000 with perfect books and records! Rare opportunity to buy this kind of earnings on the books.
This bar for sale has non-stop weekly events and specials to keep the traffic coming and the numbers don't lie. Between the rotating weekly DJ's and food specials it's no surprise why this bar for sale nearly reached one million last year in sales and the owner takes home nearly a cool quarter million on the books! Signature cocktails and rotating draft beers from local Atlanta breweries mixed with their unique bar bites make this this cash cow easy to run! Bring your offers!
The location of this bar for sale couldn't get much better, nestled right in Atlanta metro amidst tons of hip eateries and nightlife. It's rare to find a bar for sale that we can say this about but it will qualify for SBA lending with 25% down.
This 3600 square foot beauty of a bar for sale seats up to 150 people indoors in addition to 24 outdoor seats for those warm Atlanta summer nights. The rent on this turn of the century building is just $4,809 per month including CAMS with a ten year lease term and comes with not just one but 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 looking to sell for a lifestyle change and if you like sleeping in and having Sundays off then this is the right lifestyle change for you too. The hours of operation are Monday through Saturday from 5pm through 2:30 am and closed every Sunday! This well established bar for sale has been established since 2013 and shows no signs of slowing down anytime soon.
About the Business
Number of Employees:
Building Sq. Ft.:
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.
Atlanta Bar for Sale is HUGE Moneymaker! Nets 240K plus! Great Books
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the seller or a business broker representing the seller. BizQuest has no interest
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