Bar for Sale Profitable Metro Atlanta Area

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$395,000 $1,150,128

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bar for Sale Profitable Metro Atlanta Area Broker: Steve Weinbaum

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,150,128
Net Profit: $26,826
Cash Flow: $87,888
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 24
BBN Listing #: 24488096
Broker Reference #: 7336

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Business Overview:

Profitable and Long-Standing Metro Atlanta Area Franchised Restaurant and Bar for Sale. While 2018 annual Sales were $1.15 Million, Annual 2019 Sales were over $250,000 more at $1.4 Million. 2018 Reported Annual Owner Earnings of Over $85,000 but with 2019 sales reporting up so significantly, owner earnings is sure to grow. Should Qualify for SBA Lending with as little as 30% down. Located a short seven miles from the center of Atlanta, this profitable Restaurant and Bar for Sale is a turn-key opportunity for an investor or owner operator looking to acquire a business that has been open and operating for thirteen years and continues to deliver exceptional food, beverage, and atmosphere in an expansive 5000 square foot restaurant and bar that can accommodate 150 customers. The rent, including CAMS is less than $30 Per Square foot. The current lease term has several years remaining as well as two 5-year options to renew. We Sell Restaurants is offering this profitable Restaurant and Bar for Sale is in a location that has seen significant gentrification and has been discovered by young professionals seeking historic neighborhoods close to downtown Atlanta, and there has been a great deal of new residential construction, including single-family homes, town homes, and upscale apartments. This new residential development has led to a revived historic downtown. All of this development, combined with close proximity to a major Atlanta Corporate headquarters and plenty of other businesses offers continued revenue and sales growth for a new owner. The Franchise and Owner have done a terrific job creating a calendar of special events and deals to drive traffic seven days a week. This Bar for Sale has Food and Drink Specials, Karaoke, Live DJs, Dancing and other promoted events that make this local favorite a destination for dining and night life. The current owner has been running this profitable and successful Restaurant and bar for 13 years and has decided it's time for a change. Take advantage of this unique opportunity to own your own business and avoid all the risk of starting from scratch. It can cost more than the price of this seven-figure restaurant and bar to open a new location with no guarantee of profit. The owner of this Bar for Sale will provide years of books and records affording a new owner the ability to secure 3rd party financing. Don't miss out!

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Property Features and Assets:

22 high top table 88 bar stools 3 small tables 12 chair 10 booth for 4 people 1 booth for 7 22 barstool for bar area Seat total 169 2 light bars strip above dancing floor with 15 different light effect 2 set B52s subwoofers with 2 speakers mix board lighting control 3 40inch tv behind bar 5 50inch TV 1 65 inch TV 16 foot projector screen with HD LED projector Number 4 best POS in USA Toast 5 touch screen monitor with printer and credit card scanner 1 sandwich table 5 foot 1 Sandwich table 4 foot 3 40lb deep fryer 60 inch range with 4 burner and 36 inch flat top grill 1 grill 24 inch 2 convection oven 1 Freezer behind line 1 steamer 1 microwave 1 warming table Small refrigerators for dressing 10 different size shelve 10 by 20 walk in cooler 10 by 5 walk in freezer Draft system for 20 beer 16 ft kitchen hood with Ansel fire system 3 compartment kitchen sink Vegetable clean sink 4 other work table in kitchen Under bar refrigerator Under bar freezer 4 beer cooler behind bar All kitchen small ware full equipped 10 4k Camera surveillance system with screen in Office. Office computer desk with 19 inch monitor Outdoor tables and chairs

Market Competition and Expansion:

Unique Concept Open and operating 13+ years Attracts locals and visitors Metro Atlanta Location

Reason for Selling:

Retiring

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 a franchise resale opportunity.

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