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Georgia Business For Sale

 

TRENDY ATLANTA RESTAURANT DOES $1.3 MM IN SALES


Attn: Eric Gagnon
Atlanta Metro, GA, USA
Listing Number: "E7800"
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Asking Price: $575,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Owner relocating out of state
Year Established: 2001
# of Employees: 15
Yearly Revenues: $1,300,000
Yearly Net Profit: $250,000



Business for Sale Overview:
This upscale, urban gathering place has redefined trendy in one of Atlanta’s hottest spots. Recognized for bringing truly tasteful food to an atmosphere of fun food and drink. Located in the Atlanta Metro, this restaurant is universally recognized for bringing a new twist to an often used cuisine and delivering an uptown twist on a truly tasteful concept. Stunning decor includes modern banquette and a bar fashioned from gleaming blocks of over-sized rough-sewn cypress. It is no wonder, this bar and restaurant is The place to be seen for the ever hip crowd. Sales of $1.3 Million delivers an outstanding return of $250,000 net to the owners on an annual basis. The monthly rent of approximately $10,000 per month is very competitive for the in-town and exclusive address. The critics are raving as well. Priced to sell at $575,000 - this one won't last.

Property Features and Assets:
Located in Virginia Highland, the restaurant is a casual, lively spot which serves authentic and fresh cuisine complimented by a magnificent bar. Extensive mixed drink selection and wine list. Outdoor patio and complimentary on-site parking, as well.

Market Competition and Expansion:
The beautifully appointed restaurant and bar area is spaciously arranged for intimate conversations or large family dinners. Included within the space is a banquet room perfect for special group dinners and meetings.


Additional Details:
  • 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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