ATL Multi-Unit Hookah Bar, Club & Restaurant

Atlanta, GA
Fulton County


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

Food & Beverage: Bars, Clubs, Nightspots


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RE: ATL Multi-Unit Hookah Bar, Club & Restaurant Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $1,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $660,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 943229193
Broker Reference #: 2085

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Business Overview:

Atlanta Multi-Unit Hookah Bar, Club & Restaurant for Sale w/After Hours Club – $660,000 Net Profit

Unit-One:
* 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 Sales and Profit tracking the same as 2018.
* Full Staff in place includes GM.
* Food 25% of Sales.
* Outdoor Patio.
Tons of dedicated free parking.
* $500,000 to open doors.

$795,000 includes Restaurant, Hookah Bar and After Hours Lounge.

Unit-Two:
* 3,500/sf.
* Capacity 100.
* After Hour Club Only with hours 1AM–6AM.
* Open Friday and Saturday only.
* 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 $15,000 monthly with $5,000 Net Profit per month.
* $10 door charge for admittance.
* Full staff in place.
* Tons of dedicated free parking.
* $100,000 to open doors.

Unit -Three:
* 10,000/sf.
* Capacity up to 900.
* Two Bars.
* Long term lease at $10,000 per month all in.
* Full kitchen.
* Open six nights only.
* 2019 Gross Sales are $70,000 per month with $20,000 Net Profit per month.
* 2019 year-end sales should come in at $1,000,000.
* Tons of dedicated free parking.
* Full Staff in place includes GM.
* Food 25% of sales.
* $300,000 to open doors.

Unit-Three priced Priced at $375,000.

All three-businesses priced at $1,000,000.

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Market Competition and Expansion:

Ask business broker for details.

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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