Seller's Contact Information

  • RE:  North ATL 2-Unit Full Service Restaurants, Bars
  • Contact:  Steve Josovitz
  • License #: 164878
Listing Update!
Update: North ATL 2-Unit Full Service Restaurants, Bars is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Food & Beverage: Restaurants, Fast Food, Deli Industry.

Business Overview:

North Atlanta 2-Unit Restaurant, Taqueria & Bars for Sale – Large Patios – Fully Equipped, Staffed, High Volume, High Energy, Mint Condition, Well Est – Keep or Convert – Buy One or Both

North Atlanta 2-Unit Full Service Restaurants, Taquerias & Bars for Sale w/Large Patios.

UNIT ONE:
Anchored high-volume lifestyle center.
Approx. 5,000 square feet
Total indoor seating of approximately 130 with 40 Bar area seats
Total outdoor patio seating of approximately 80 seats

Rent is approximately $10,500 base rent with approximately $7,000 in CAM = $17,000 total
The lease term expires on March 31, 2025. So two years left on this term. There is also 1 five year option.
Landlord will extend the term.

Established 14 years.

Spent $500k on a complete renovation 12 months ago.
Almost everything on the interior is brand new including POS, TVs, floors, furniture, garage door windows, etc.

Sales have ranged from $ 1.6 million to $ 2.8 million over the years.
HUGE patio on the very front corner of the development
Best restaurant site in the area.

Unit TWO:
Approx. 3,800 square feet
Total indoor seating of approximately 115 with 36 bar area seats
Total outdoor patio seating of approximately 80 seats

Rent is approximately $8,500/month.
Lease term expires on September 30, 2024. So 1 and a half years remaining on this term. There is also 1 five year option.
Landlord will extend the term.

Been in business for over 16 years.

Spent $400k in 2021 on a complete renovation.
All new flooring in foh and boh along with all new TV’s, POS, patio furniture, garage door windows, etc.

Sales have been consistent at $1.5 – $1.8 million every year for 16 years.
HUGE patio on a corner location next to super busy anchors.

NOTES – Both locations run without any owner operating with full salaried management teams in each location. Owner takes $200k/year in salary plus many expenses run through the business per Unit. This restaurant is set up for national growth with unlimited possibilities.

Priced at $1,000,000 for both units with business, name, branding, and trademarks or $500,000 if individually purchased. Purchase of individual units will not include business.

Property Features and Assets:

UNIT ONE: Anchored high-volume lifestyle center. Approx. 5,000 square feet Total indoor seating of approximately 130 with 40 Bar area seats Total outdoor patio seating of approximately 80 seats Rent is approximately $10,500 base rent with approximately $7,000 in CAM = $17,000 total The lease term expires on March 31, 2025. So two years left on this term. There is also 1 five year option. Landlord will extend the term. Established 14 years. Spent $500k on a complete renovation 12 months ago. Almost everything on the interior is brand new including POS, TVs, floors, furniture, garage door windows, etc. Sales have ranged from $ 1.6 million to $ 2.8 million over the years. HUGE patio on the very front corner of the development Best restaurant site in the area. Unit TWO: Approx. 3,800 square feet Total indoor seating of approximately 115 with 36 bar area seats Total outdoor patio seating of approximately 80 seats Rent is approximately $8,500/month. Lease term expires on September 30, 2024. So 1 and a half years remaining on this term. There is also 1 five year option. Landlord will extend the term. Been in business for over 16 years. Spent $400k in 2021 on a complete renovation. All new flooring in foh and boh along with all new TV’s, POS, patio furniture, garage door windows, etc. Sales have been consistent at $1.5 – $1.8 million every year for 16 years. HUGE patio on a corner location next to super busy anchors. NOTES – Both locations run without any owner operating with full salaried management teams in each location. Owner takes $200k/year in salary plus many expenses run through the business per Unit. This restaurant is set up for national growth with unlimited possibilities. Priced at $1,000,000 for both units with business, name, branding, and trademarks or $500,000 if individually purchased. Purchase of individual units will not include business.

Market Competition and Expansion:

Ask 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 homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Opportunity Update!

Exciting update: North ATL 2-Unit Full Service Restaurants, Bars has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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