Buckhead Bar-World Famous-EST 30 Yrs.-Nets $300k

Atlanta, GA
Fulton County

Buckhead


Asking Price: Annual Revenue:
$496,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Buckhead Bar-World Famous-EST 30 Yrs.-Nets $300k Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!
Some

Quick Facts

Asking Price: $496,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: Not Disclosed
BBN Listing #: 691229193
Broker Reference #: 2004

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Business Overview:

Buckhead Bar for Sale – World Famous – Est. 30-Years w/Same Owner – $300,000 Net Profit on Booze Only

Buckhead Bar for Sale.

World Famous.

Est. 30-Years w/Same Owner.

$300,000 Net on Booze only.

Almost 100-parking spaces.

Fully staffed.

No food.

5,000/sf.
600-700 guests are the average but Bar has seen up to 1,100-1,200 on busy nights.
Outdoor patio accommodates 300.

Rent is $8,000 plus $2,000 for parking.

Purchase of LLC gets fully permitted Business and Liquor License.

A Kitchen could be added which would dramatically increase revenues.

Fully up to code grease trap.

Full support and training are available with sale.

Due diligence will be conducted after Buyer is pre-qualified, signed off on NDA and meet and greet with Owner after discreetly visiting as Guest.

The name and all trademarks are included in the purchase.

Keep or convert.

Some Owner financing.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

5,000/sf. 600-700 guests are the average but Bar has seen up to 1,100-1,200 on busy nights. Outdoor patio accommodates 300. Fully up to code grease trap. Rent is $8,000 plus $2,000 for parking. Purchase of LLC gets fully permitted Business and Liquor License.

Market Competition and Expansion:

A Kitchen could be added which would dramatically increase revenues.

Reason for Selling:

Other 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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