North ATL Nightclub, Hookah Lounge & Restaurant
Atlanta, GA Fulton County
North Atlanta Metro
Seller's Contact Information
- RE: North ATL Nightclub, Hookah Lounge & Restaurant
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $895,000 | |
| Annual Revenue: | $1,039,255 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $300,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 314829193 | |
| Broker Reference #: | 4057 |
Business Overview:
North Atlanta Nightclub, Hookah Lounge & Restaurant for Sale – $300,000 2020 Net Profit – 10,000/sf with 2-Bars, Stage & Large Kitchen.
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 $1,039,255.49.
2021 Net Profit 300,000
Tons of dedicated free parking.
Full Staff in place includes GM.
Food 25% of sales.
The owner works 20-hours weekly.
Priced at $895,000.
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:
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. Tons of dedicated free parking. Full Staff in place includes GM.
Market Competition and Expansion:
Ask broker.
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 homebased business opportunity.
- This is not a franchise resale opportunity
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