Midtown Freestanding Restaurant/Bar w/Patio

Atlanta, GA
Fulton County

Midtown Near Piedmont Park


Asking Price: Annual Revenue:
$150,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Midtown Freestanding Restaurant/Bar w/Patio Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!
Some

Quick Facts

Asking Price: $150,000
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 #: 115629193
Broker Reference #: 2051

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Business Overview:

Midtown Atlanta Freestanding Restaurant & Bar w/Patio for Sale – Near Piedmont Park – Fully Equipped Turnkey – Any Concept Works – Below Market Long Term Lease

Midtown Atlanta Restaurant & Bar w/Patio for Sale.

Near Piedmont Park.

Fully Equipped Turnkey.

Any Concept Works.

Freestanding 2,500/sf.

2,500/sf storage basement.

Owner reinvested $200,000 in upgrades.

Fully up to code with walk-in box and walk-in freezer.

Dedicated parking.

Rent is $5,700 monthly, all in.

Five-year lease with two five-year options to renew.
Great Landlord.

Seating for 75-guests.

Full service.

Outdoor patio seats 35.

Relocation out of state forces sale.

Loyal staff in place makes for an easy transition.

Well established.

Name and Menu of this restaurant is not included in sale.

Any full service or casual restaurant works especially Bar, Cafe, Tapas, Mexican, Italian, Mediterranean, Pizza, Juice Bar, Bowl Concept, Burger Joint, Health Food Store, Espresso Bar or almost anything.

Some Owner financing.

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Property Features and Assets:

Freestanding 2,500/sf. Outdoor patio seats 35. Owner reinvested $200,000 in upgrades. 2,500/sf storage basement. Dedicated parking. Rent is $5,700 monthly, all in. Five-year lease with two five-year options to renew. Monthly Expenses: Phone $300 Water $500 Gas. $700 Elec. $1500 Ins. $300 Rent. $5600 No Cams Yearly Expenses: Grease Trap $300 Biz. $700 Health. $550 Alcohol $100 Alcohol $5000 Inventory List: 16 2 tops 8 4 tops 3 3 top High Tops 16 Bar Stools 10 4 Top outdoor tables Total of 115 seats for restaurant with ability to increase seating by rearranging furniture 2 Double Glass Door Coolers 1 Single Split Glass Door Cooler 1 Double Stainless Cooler 1 Double Stainless Freezer 2 6ft Sandwich/Pizza Prep Coolers 1 4ft Sandwich/Pizza Prep Cooler 1 4ft Bottle Box Cooler 1 2ft Work Top Cooler 1 2ft Work Top Freezer 5ft Back Glass Front Bar Cooler 6 burner, Flat Top Salamander 2 oven Unit 24 Inch Chargrill 4 Comp Steam Table 2 Basket Fryer 1 Slide Glass Top Ice Cream Freezer Tap System Ice Well Dump Sink Hand sinks Meat Sink Veg Sink 4 Comp Sink Mop Sink 10ft Hood & Ansil System Several Stainless Tables Several Metro Racks 2 Bakers/Speed Racks Walk-In Cooler Walk-Inn Freezer Rotisserie Oven Several Pieces of extra equipment in storage. Glassware, silverware, small wares, plates, bowls.

Market Competition and Expansion:

Any full service or casual restaurant works especially Bar, Cafe, Tapas, Mexican, Italian, Mediterranean, Pizza, Juice Bar, Bowl Concept, Burger Joint, Health Food Store, Espresso Bar or almost anything.

Reason for Selling:

Other 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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