Business Overview:
Buckhead “Atlanta” GA Freestanding Bar for Sale w/Full Kitchen, Big Patio & Parking – AAA Location – $3M Sales – $486k Net Profit – Attractive Pricing
Buckhead GA Bar for Sale.
Hottest & Most Desirable Location Anywhere.
Semi-Absentee Owned and Operated. Owner spend about 10-hours a week checking in.
$3M Sales.
High Profit.
80% Booze.
Full Management and Staff in place.
Big Patio.
Mint Condition.
Full Kitchen.
Freestanding 6,500/SF.
Seating for 100’s.
Dedicated Parking.
Rent PSF $45 NNN monthly is $24,375
Taxes and Insurance: $1,440 per month.
Total rent and extras are $25,815
Sales Net Income Notes
2016 $3,507,000.00 $712,900.00
2017 $3,577,000.00 $633,000.00
2018 $3,575,000.00 $606,437.00
2019 $3,077,000.00 $390,000.00 EBITDA 110k in legal + insurance legal + insurance can be an add back as it was a one time expense.
2020 $1,828,000.00 $141,300.00 EBITDA COVID-19 year
2021 $3,065,000.00 $486,000.00 EBITDA
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Property Features and Assets:
Big Patio.
Mint Condition.
Full Kitchen.
Dedicated Parking.
6,500/SF.
Seating for 100’s.
Rent PSF $45 NNN monthly is $24,375
Taxes and Insurance: $1,440 per month.
Total rent and extras are $25,815
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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