Business Overview:
Atlanta Ultra Lounge, Hookah Bar for Sale w/Full Kitchen – Over $1M Net Profit – Luxurious State of the Art Space – Low Rent – Mint Condition – Full Staff – NEW LOW AMAZING PRICE
Atlanta Ultra Lounge & Hookah Bar for Sale.
Over $1M Net Profit.
8,942/SF.
Full kitchen.
Rent at $9,080 monthly.
2021 $1,064,266 Net Profit
2021 $2,112,227 Gross Sales
Staff breakdown by position and pay:
Waitress $2.42 Hourly + Plus Tips
Bartender $2.42 Hourly + Plus Tips
Barback $5.87 Hourly+ Plus Tips
GM Salary: $78,000
Assistant Managers salaries: $150 a shift
Security ($2500-$4500 Weekly)
Mint Condition.
Full Staff.
Luxurious State of the Art Space.
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Property Features and Assets:
8,942/SF.
Full kitchen.
Rent at $9,080 monthly.
Mint Condition.
Full Staff.
Luxurious State of the Art Space.
Market Competition and Expansion:
Ask broker for details.
Reason for Selling:
Other business interests
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.
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