Midtown Upscale Restaurant, Bar & Ultra Hookah
Atlanta, GA Fulton County
Midtown Atlanta
Seller's Contact Information
- RE: Midtown Upscale Restaurant, Bar & Ultra Hookah
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $595,000 | |
| Annual Revenue: | $3,600,000 | |
| 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 #: | 761329193 | |
| Broker Reference #: | 6089 |
Business Overview:
Midtown Atlanta GA Restaurant, Bar, Lounge for Sale on Peachtree w/Private Dining Rooms, Hookah, Parking & 2-Large Kitchens – Keep or Convert – New Pricing w/Owner Financing
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
The V Restaurant & Lounge for Sale
Located at 710 Peachtree St NE, Atlanta, GA 30308
Midtown Atlanta GA Peachtree Rd Upscale 7,000SF Restaurant, Bar & Lounge for Sale
Freestanding 7,000/SF.
Keep Upscale or Convert.
Great Staff and Management in Place make for a flawless transition.
Two fully equipped and hooded kitchens.
100% Absentee Out of State Owner.
Hottest Location.
Seating for over 100 for Dining.
Private Lounge.
Several Bars.
Outdoor Dining.
400 guests in lounge configuration.
Hookah.
State of the Art Sound.
On-site parking.
DJ Booth.
2022 Gross Sales $3.6M
2023 Gross Sales on track to exceed $5,000,000
Long-term lease with Option to Renew.
Monthly rent at $29,000 includes all extras.
Incredible staff, management, and culinary team.
Sale does not include name, business, tax returns, books and records, and or trademarks.
Priced at $595,000 with Owner financing options.
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Property Features and Assets:
Freestanding 7,000/SF. Seating for over 100 for Dining. Private Lounge. Several Bars. Outdoor Dining. 400 guests in lounge configuration. Hookah. State of the Art Sound. On-site parking. DJ Booth. Two fully equipped and hooded kitchens. Long-term lease with Option to Renew. Monthly rent at $29,000 includes all extras. Sale does not include name, business, and trademarks.
Market Competition and Expansion:
Keep Upscale 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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