Business For Sale

Buckhead Bar/Club-Net's Almost $400k on Booze Only

Atlanta - Buckhead, GA
Fulton County


Asking Price: Annual Revenue:
$850,000 $1,200,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Buckhead Bar/Club-Net's Almost $400k on Booze Only Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!
25% of purchase price possible for qualified buyer(s).

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 15
BBN Listing #: 748929193
Broker Reference #: 1567

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Business Overview:

This Buckhead Bar, Club & Billiards business is located in the “heart of Buckhead“.

An amazing location which is an no joke probably the most visible site in GA surrounded by thousands of middle to high income residences, tons of restaurants, retail stores, malls steps away tons of hotel and high-rise office towers.

Established almost 25-years ago and owned by same Owner.
Owner runs business with loyal staff of 15-bartenders and bus person.

Sales have increased every year for three years straight.
2012 gross sales $727,000, 2013 at $787,000 and 2014 at $827,000. Owner on five nights pulls out between $160,000 to $180,000 per year on reputation alone with zero effort, zero marketing, zero advertising after all expenses.

2015 Gross Sales $1.2m with net profit at approximately $300,000 with almost absentee Owner who travels all the time. Summer sales where best ever on record plus tons of special events for during football season is on the books.

2016 number project to hit almost $1,800,000 with August alone at $192,000. Owner is on track to net almost $400,000 with net and personal add-backs already at $350,000 from January 1, 2016 to September 2016.

Relocation and West Coast project creates this incredible opportunity.
Seller will consider financing 25% of purchase.

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:

9,000/sf with 7,000/sf fully usable. Legal occupancy is 289. Four Massive bars, TV’s, billiards everywhere and tons of activities that make guests come back as regulars almost always. Five year lease with five year option at $11,742.28 per month. Owner runs business with loyal staff of 15-bartenders and bus person with ease.

Reason for Selling:

Relocation.

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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