Lifestyle Center Restaurant & Bar w/Patio-$1.2M Build-Out-TurnKey

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Asking Price:
$225,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Metro Atlanta Lifestyle Center Restaurant & Bar w/Patio - $1.2m Buildout - Priced Way Below Market - Turnkey for Almost Any Casual or Upscale Concept.

Metro Atlanta Lifestyle Center Restaurant & Bar w/Patio.

4,000 sq. ft.
Seating for 130 inside
Bar stools = 18
Patio seats = 45

Rent- $8,743.50
Cam-$2,254.09
Tax-$1,077.72
Insurance $56.17
Garbage-$672.38

Total payment to LL monthly- $12,803.86
Lease expires: 12/5/2021.
Options: Two five-year options to renew.
Security Deposit: $8,743.50

Parking is free for guests in the deck for two hours
$400 a month for Staff parking.

$1.2 Million Build-Out.

TurnKey for Almost Any Casual or Upscale Concept. Would be killer for Mexican, Taqueria, Italian Steakhouse, Seafood, Tapas, Pizzeria, etc.

At this fire sale price, Seller is not showing any books and records other then Lease, Asset List and Expenses and Fixed Costs.

Priced at $225,000 which is way below market or cost to build new.

About the Business

Year Established:
2017
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Amount/Mo.:
$12,874.00
Facilities:
4,000 sq. ft.
Seating for 130 inside
Bar stools = 18
Patio seats = 45

Rent- $8743.50
Cam-$2254.09
Tax-$1077.72
Insurance $56.17
Garbage-$672.38

Total payment to LL monthly- $12,803.86
Lease expires: 12/5/2021.
Options: Two five-year options to renew.
Security Deposit: $8,743.50
Market Outlook/
Competition:
Please ask business broker for details.
Growth & Expansion:
Please ask business broker for details.
Contact the Seller

About the Sale

Reason For Selling:
Other interests.
Training/Support:
Please ask business broker for details.

Listing Info

ID:
1538664
Ad Detail Views:
253

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$
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Business Listed by

Steven Josovitz

Shumacher Restaurant Brokers
License# 164878

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

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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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