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Georgia Business For Sale |
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| MIDTOWN ATLANTA-PRIME RESTAURANT OPPORTUNITY |
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| Attn: Eric Gagnon |
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| Atlanta, GA, USA |
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| Asking Price: |
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$179000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Owner has multiple locations |
| Year Established: |
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2004 |
| # of Employees: |
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15 |
| Yearly Revenues: |
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$600,000 |
| Yearly Net Profit: |
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$74,000 |
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Business for Sale Overview:
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One of Atlanta's more popular and unique restaurants located in the strong demographic "Restaurant Row" in midtown. This 4,400 square foot building is a rare Midtown find. Gorgeous outdoor patio has room for 40 virtually year round. Space feels intimate without feeling closed in. Private dining room for corporate clients or parties. The building is situated on a 6,000 square foot site enjoying enormous amounts of foot traffic from surrounding residential high-rise and condo towers, businesses and other restaurants and night clubs. Built in the early 1900's and with a recent $1 Million dollar build out, this 176 seat avant-garde, Best of Atlanta, Zagat Rated restaurant is suitable for any concept. Currently open from 5pm until 10pm and is doing $600,000 per year with absentee ownership and netting $74,000. A premiere restaurant for enjoying magnificent food and fine wines. An on-premise owner operator could climb this profit much higher. Because of a partnership split this opportunity is priced at $179,000 for a quick sale OR BEST OFFER. There are 3 years remaining on the lease with a 10-year option. Price: $179,000. OR BEST OFFER FOR QUICK SALE…Contact Eric Gagnon.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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