Buckhead Freestndng Restaurant/Bar w/Rooftop Patio

Atlanta, GA
Fulton County

Buckhead


Asking Price: Annual Revenue:
$485,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Buckhead Freestndng Restaurant/Bar w/Rooftop Patio Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!

Quick Facts

Asking Price: $485,000
Annual Revenue: Not Disclosed
Net Profit: $157,115
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: 1994
Employees: Not Disclosed
BBN Listing #: 348129193
Broker Reference #: 2099

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Business Overview:

Buckhead Freestanding Restaurant, Bar w/Rooftop Patio & 55-Dedicated Parking Spaces for Sale – Profitable – Same Owner 25-Years – Below Market Rent – Owner Financing

Buckhead Freestanding Restaurant, Bar w/Rooftop Patio & 55-Dedicated Parking Spaces for Sale.

Same Owner 25-Years.

4,500/f.
Seating for 240.
Bar seats 30.
Roof-top patio seats 90.

Gross Sales for 2018 was $818,604.56.

Net Profit was $157,115.72 after infusing $65,000 into business for remodeling and repaving parking lot.

Below Market Rent $7,100, all in.
Ten-year lease.
No increases in rent for 5-years.

Keep or convert to any concept.

Owner Financing options.

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Property Features and Assets:

4,500/f. Seating for 240. Bar seats 30. Roof-top patio seats 90. Below Market Rent $7,100, all in. Ten-year lease. No increases in rent for 5-years.

Market Competition and Expansion:

Keep or convert to any concept.

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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