Metro ATL Multi-Unit Hookah Bar, Club & Restaurant

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$2,500,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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

Quick Facts

Asking Price: $2,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $1,250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 622929193
Broker Reference #: 3080

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Business Overview:

Metro Atlanta GA Multi-Unit Hookah Bar, Club & Restaurants for Sale – Buy One or All Three – $1,250,000 2020 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 $2,600,000
2020 Net Profit $700,000
2021 Gross Sales $260,000 monthly
2021 Net Profit $50,000 monthly
$4,000 weekly door charges are in addition to sales and profit.
Full Staff in place includes GM.
Food 25% of Sales.
Outdoor Patio.
Tons of dedicated free parking.

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 $440,000 with $165,000 Net Profit.
2021 Gross Sales are $40,000 monthly with $15,000 Net Profit.
Full staff in place.
Tons of dedicated free parking.

Restaurant and Hookah Bar priced at $1,500,000

Nightclub & Restaurant:

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 $600,000.
2019 Net Profit of $240,000.
2020 Gross Sales $1,000,000
2020 Net Profit $385,000
2021 Gross Sales $120,000 to $130,000 monthly.
2021 Net Profit of $50,000 monthly.
Tons of dedicated free parking.
Full Staff in place includes GM.
Food 25% of sales.
The owner works 20-hours weekly.

Priced at $1,000,000.

All three-businesses priced at $2,500,000.

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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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