Business For Sale

Lifestyle Center Restaurant & Bar w/Patio-TurnKey

Atlanta, GA
Fulton County

Atlanta Metro Area


Asking Price: Annual Revenue:
$225,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Lifestyle Center Restaurant & Bar w/Patio-TurnKey Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $225,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 29829193
Broker Reference #: 1917

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Business Overview:

Metro Atlanta Lifestyle Center Restaurant & Bar with Patio.

4,000 square feet.
Seating for 130 inside
Bar stools = 18
Patio seats = 45

Parking is free for guests in the deck for two hours
$400 a month for Staff parking.

$1.2 Million Build-Out.

TurnKey for Almost Any Casual or Upscale Concept. Would be killer for Mexican, Taqueria, Italian Steakhouse, Seafood, Tapas, Pizzeria, etc.

At this fire sale price, Seller is not showing any books and records other then Lease, Asset List and Expenses and Fixed Costs.
Priced at $225,000 which is way below market or cost to build new.

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Property Features and Assets:

4,000 square feet. Seating for 130 inside Bar stools = 18 Patio seats = 45 Rent- $8,743.50 Cam-$2,254.09 Tax-$1,077.72 Insurance $56.17 Garbage-$672.38 Total payment to LL monthly- $12,803.86 Lease expires: 12/5/2021. Options: Two five-year options to renew. Security Deposit: $8,743.50

Market Competition and Expansion:

TurnKey for Almost Any Casual or Upscale Concept. Would be killer for Mexican, Taqueria, Italian Steakhouse, Seafood, Tapas, Pizzeria, etc.

Reason for Selling:

Asset sale.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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