Metro ATL Restaurant/Bar-Fully Equipped-Profitable-TurnKey

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Asking Price:
$150,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$137,570
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Metro Atlanta Restaurant & Bar - Fully Equipped Profitable Turnkey for any Casual or Upscale Concept - Below Market Price Due to Owner Relocation.

Metro Atlanta Suburban Restaurant, Bar & Lounge w/ Large Separate Private Room that can hold up to 200 guests in addition to main dining room.

Great visibility, Great Frontage, Great Signage and plenty of parking.

High income/ high traffic suburban North Atlanta location with tons of daytime office, retail, and thousands of residences making this a 24/7 spot minutes to everywhere.

Approximately 7,000/sf with seating for 210 in the master dining room, 22 seat bar, 30 on patio and 4,750/sf. private dining room that seats 200 with a 16-foot bar.

Landlord will take back private dining room and reduce rent if Buyer only wants the restaurant.

Below market rental rate of approximately $7,077.56 monthly plus CAM of additional $1,200 per month.
The five-year lease has an additional five-year option to renew.

Owner net profit is $137,570.69 after paying all expenses, GM, Chef, and Staff.

Keep as is or convert to almost any concept including Private Events Space, Indian, Steakhouse, Seafood, Sports Bar, Italian, BBQ, Greek Taverna, Mexican, etc.

Some Owner financing.

About the Business

Real Estate:
Leased
Building Sq. Ft.:
7,000
Lease Amount/Mo.:
$7,077.00
Facilities:
Approximately 7,000/sf with seating for 210 in the master dining room, 22 seat bar, 30 on patio and 4,750/sf. private dining room that seats 200 with a 16-foot bar.
Landlord will take back private dining room and reduce rent if Buyer only wants the restaurant.

Below market rental rate of approximately $7,077.56 monthly plus CAM of additional $1,200 per month.
The five-year lease has an additional five-year option to renew.
Growth & Expansion:
Keep as is or convert to almost any concept including Private Events Space, Indian, Steakhouse, Seafood, Sports Bar, Italian, BBQ, Greek Taverna, Mexican, etc.
Contact the Seller

About the Sale

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

Listing Info

ID:
1501560
Ad Detail Views:
867

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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
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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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