Owner Financing is Available!
Business Overview:
Corner Tavern is a stunning Midtown Atlanta Tavern Restaurant, Bar & Billiards but can be converted to any concept with minimal effort and cost. Incredible location that has exploded with residential, retail and restaurants minutes away from several Georgia and Atlanta colleges, downtown, sporting venue’s, theaters, Midtown, Buckhead and several office marketplaces. Space is 3,800 sq. ft. Key money requirement of $200,000 is required to buy assets of business and lease rights.
Almost $400,000 was spent in 2010 to open the doors. No expense was sparred to create this restaurant and bar that custom woodwork, custom cement floors, state of the art kitchen, live music stage, 3-$5,000 regulation billiard tables, custom lighting, and a stunning full service bar with 31 taps that has its own dedicated walk-in cooler other then kitchen walk in cooler. Capacity up to 160 with 20 stools at the bar plus outdoor courtyard. Covered free parking for 80 cars.
Absentee owner breaks even after paying all expenses including full time GM and KM. The name and brand is not included in sale but this could be turnkey with loyal staff in place making for a very easy transition with no hiccups. Seller will allow concept and name to stay during transition to new name. Keep as tavern restaurant and bar concept or convert. This is a turnkey with minor cosmetic tweaking to any chef driven restaurant, sports bar, upscale or casual restaurant.
Owner is very motivated and will look at all reasonable offers including providing financing to qualified individuals.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,800 sq. ft. Capacity up to 160 with 20 stools at the bar plus outdoor courtyard. Covered free parking for 80 cars. Long term lease at $5600 per month plus extras at $1500 with great landlord. Key money requirement of $200,000 is required to buy assets of business and lease rights.
The name and brand is not included in sale but this could be turnkey with loyal staff in place making for a very easy transition with no hiccups. Seller will allow concept and name to stay during transition to new name. Keep as tavern restaurant and bar concept or convert.
Market Competition and Expansion:
The name and brand is not included in sale but this could be turnkey with loyal staff in place making for a very easy transition with no hiccups. Seller will allow concept and name to stay during transition to new name. Keep as tavern restaurant and bar concept or convert.
Reason for Selling:
Partner split.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: