Metro Atlanta Hookah Bar, Lounge & Restaurant

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$1,000,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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

Quick Facts

Asking Price: $1,000,000
Annual Revenue: Not Disclosed
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 #: 605729193
Broker Reference #: 3078

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Business Overview:

Metro Atlanta Hookah Bar, Lounge & Restaurant for Sale – $780,000 Net Profit

Restaurant and Hookah Bar:
6,000/sf.
Capacity 500.
Two Bars.
Long term lease at $7,800 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 are running $150,000 monthly
2020 Net Profit $50,000 monthly.
$4,000 weekly door charges is in addition to sales and profit.

Full Staff in place includes GM.
Food 25% of Sales.

Outdoor Patio.
Tons of dedicated free parking.
$500,000 to open doors.

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 $40,000 monthly with $15,000 Net Profit.

Full staff in place.
Tons of dedicated free parking.
$100,000 to open doors.

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Property Features and Assets:

Restaurant and Hookah Bar: 6,000/sf. Capacity 500. Two Bars. Long term lease at $7,800 per month all in. Lounge: 3,500/sf. Capacity 100. Open six nights. Long term lease at $4,200 per month all in.

Market Competition and Expansion:

Ask business 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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