Metro ATL Hookah Bar, Club, Restaurant & Lounge

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$4,200,000 $3,517,232

Food & Beverage: Bars, Clubs, Nightspots


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RE: Metro ATL Hookah Bar, Club, Restaurant & Lounge Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $4,200,000
Annual Revenue: $3,517,232
Net Profit: Not Disclosed
Cash Flow: $1,540,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 127029193
Broker Reference #: 4058

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Business Overview:

Metro Atlanta Hookah Bar, Club, Restaurant & After Hours Lounge for Sale – $1,540,000 Net Profit.

Restaurant and Hookah Bar:
6,000/sf.
Capacity 500.
Two Bars.
Long-term lease at $9,800 per month all in.
Well established.
Full kitchen.
2018 Gross Sales was $1,394,497.93 with $300,000 Net Profit plus an additional $120,000 annually in cover charges.

2019 Gross Sales $1.800,000
2019 Net Profit $400,000

2020 Gross Sales $2,600,000
2020 Net Profit $700,000

2021 Gross Sales $3,126,016.04
2021 Net Profit $1,420,000

$4,000 weekly door charges are in addition to sales and profit.
Full Staff in place includes GM.
Food 25% of Sales.
Outdoor Patio.
Tons of dedicated free parking.

After Hours Lounge:
3,500/sf.
Capacity 100.
Open six nights.
Long-term lease at $4,200 per month all in.
Hookah and Food Only.
Liquor License Available.
Hookah sales are at 75% with Food at 25%.

2019 Gross Sales are $180,000 monthly with $72,000 Net Profit.

2020 Gross Sales are $440,000 with $165,000 Net Profit.

2021 Gross Sales $391,216.59
2021 Net Profit $120,000

Full staff in place.
Tons of dedicated free parking.

Priced at $4,200,000

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Property Features and Assets:

Restaurant and Hookah Bar: 6,000/sf. Capacity 500. Two Bars. Long-term lease at $9,800 per month all in. Well established. Full kitchen. $4,000 weekly door charges are in addition to sales and profit. Full Staff in place includes GM. Food 25% of Sales. Outdoor Patio. Tons of dedicated free parking. After Hours Lounge: 3,500/sf. Capacity 100. Open six nights. Long-term lease at $4,200 per month all in. Hookah and Food Only. Liquor License Available. Hookah sales are at 75% with Food at 25%. Full staff in place. Tons of dedicated free parking. Priced at $4,200,000

Market Competition and Expansion:

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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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