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Business For Sale
ATLANTA SPORTS BAR DOING $2 MILLION IN SALES
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Asking Price: |
$695,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Owner is franchising nationwide. |
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Year Established:
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2001 |
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# of Employees:
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20 |
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Yearly Revenues:
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$2,000,000 |
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Yearly Net Profit:
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$350,000 |
Business for Sale Overview:
3,800 square foot sports bar on three levels (including 2 patios) produces sales of more than $2 Million a year. Concept is a proven one that's been steadily increasing sales and profits for the owners over a long number of years. Casual food is paired with an unmatched bar and over 100 kinds of cold beer. This combination delivers an incredible return. Owners have ON THE BOOKS profit of approximately $350,000. The books are clean as a whistle. Well established kitchen team will stay in place to keep this concept operating at a high level. Owners are franchising so they are willing to part with the flagship store to concentrate on the franchise process. They will train and transition this concept carefully to protect their growing franchise. Franchise fees are 5% of sales and already reflected in the profit numbers. 3 year lease (plus two 3-year landlord options) in effect in highly desirable in-town Atlanta location. Excellent books and records on this business. Great opportunity for new or experienced operators. If you are looking for high level income and an immediate return on investment, look no further - this is the one. Buyers must submit financial qualifications on this highly confidential listing. PRICE: $695,000 PLUS Buyer must agree to open two additional locations within next two years. Contact Eric Gagnon at 404 593 4193 Listing # E17
Property Features and Assets:
9 TV's, Trivia Nights and College Football Packages all contribute to a winning concept. High alcohol percentage drives a strong profit but this restaurant stands for BOTH great food and drinks.
Market Competition and Expansion:
This booming new franchise concept is already expanding into the marketplace.
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 a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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