Atlanta Bar for Sale is HUGE Moneymaker! Nets 240K plus! Great Books

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Asking Price:
$695,000

Gross Revenue:
$965,896
Cash Flow:
$240,254
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

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

Year Established:
2013
Number of Employees:
7FT 5PT
Real Estate:
Leased
Building Sq. Ft.:
3,600
Lease Amount/Mo.:
$4,809.00
Lease Expiration:
5/31/2022
Facilities:
Everything needed to fully operate this bar and grill.
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Relocation
Training/Support:
Negotiable

Listing Info

ID:
1481070
Ad Detail Views:
2116

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Business Listed by

Robin Gagnon

We Sell Restaurants
License# GA SL327379

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Cobb, DeKalb and Fulton Counties, GA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Cobb, DeKalb and Fulton Counties, GA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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