Midtown Restaurant & Bar-Profitable-Can Convert

Atlanta, GA
Fulton County

Peachtree Street-Midtown ATL


Asking Price: Annual Revenue:
$650,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Midtown Restaurant & Bar-Profitable-Can Convert Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $650,000
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: 2018
Employees: Not Disclosed
BBN Listing #: 932729193
Broker Reference #: 2055

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Midtown Atlanta Restaurant and Bar on Peachtree St. for Sale – Profitable – Million Dollar Buildout – Keep or convert

Midtown Atlanta Restaurant and Bar for Sale

Great visibility on Peachtree Street.

High traffic location in center of all the action.

Seating for 120 people.
Outside seating for 50.

3,100/sf.
1,000/sf. outside patio.

Negotiated rent terms:

Rent period from Feb 2017 to August 2027:
$9,385 per month
$1,100 CAM
August and September negotiated to $7,500 and $8,000

Cost to open $1 million

SBA Loan – $500,000

GM $50,000/annually

Free dedicated parking.

Keep or Convert to any full service or casual concept.

June 2018 to June 2019 – $960k Gross Sales

January 2019 – June 2019 Gross Sales was $520,168 and net = $67,912 + business consulting fees + lawyer fees + owner payroll = $107,912 or $140,912 with SBA Loan Payment added back in.
($5,500 monthly loan payment or $66,000 annually would apply to Net Profit if Buyer has no debt structure )


To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Great visibility on Peachtree Street. High traffic location in center of all the action. 3,100/sf. 1,000/sf. outside patio. Seating for 120 people. Outside seating for 50. Free dedicated parking. Negotiated rent terms: Rent period from Feb 2017 to August 2027: $9,385 per month $1,100 CAM August and September negotiated to $7,500 and $8,000

Market Competition and Expansion:

Keep or Convert to any full service or casual concept.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!