Seller's Contact Information
- RE: Metro ATL Freestanding Sports Bar Tavern W/Rooftop
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
Asking Price: | $615,000 | |
Annual Revenue: | $1,950,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 450129193 | |
Broker Reference #: | 6018 |
Business Overview:
Metro Atlanta Freestanding Sports Bar Tavern w/Rooftop Deck for Sale – Near Suntrust Park – 50 TVs – $1.5M Build-out – Well Est – Profitable – Absentee Owner
Metro Atlanta Freestanding Sports Bar Tavern w/Rooftop Deck for Sale.
Opening costs $1,500,000.
8,000/SF Freestanding.
Multiple Bars.
Outdoor Patio.
2,000/SF Rooftop deck.
$22,000 monthly rent, all in.
4-year lease.
5-year option to renew.
2022 Gross Sales $1,950,000.
Staff of 25 in place.
Full Management Team includes GM $65,000, Kitchen Manager $55,000, and 2-Assistants.
Keep or convert.
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Property Features and Assets:
8,000/SF Freestanding. Multiple Bars. Outdoor Patio. 2,000/SF Rooftop deck. $22,000 monthly rent, all in. 4-year lease. 5-year option to renew. Staff of 25 in place. Full Management Team includes GM $65,000, Kitchen Manager $55,000, and 2-Assistants.
Market Competition and Expansion:
Keep or convert.
Reason for Selling:
Absentee owner
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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