Metro ATL Restaurant & Bar– Net Profit Over $400k

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$850,000 $1,941,397

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Metro ATL Restaurant & Bar– Net Profit Over $400k Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!
Some

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,941,397
Net Profit: Not Disclosed
Cash Flow: $416,446
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 452129193
Broker Reference #: 3011

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Business Overview:

Metro Atlanta Restaurant & Bar for Sale – Net Profit Over $400K – Freestanding – Great Books & Records -Well Established

Metro Atlanta Full Service Restaurant for Sale.

Upscale Casual.

7,000sf on 3-Acres.

Tons of dedicated parking.

2019 Gross Sales was $1,941,397.95
2019 Net Profit was $416,446.40

2018 Net Profit of $319,054.58.
2018 Gross Sales was $1,917,395.

Solid books with Federal Tax Returns to prove.
Retirement forces sale.

Same Owner over 20-Years.

Turnkey w/Great Support and Training by Owner who is also Landlord.

Long term lease at $20,000 monthly includes CAM.
Real Estate Taxes run $12,000 annually.

Seating for 300-guests.
Stunning outdoor patio 100.
Bar seats 30.
The restaurant includes three private dining rooms that open to own outdoor courtyards.

Full front and back of the house staff make for a flawless transition.

The loyal staff has been with the Owner up to 20-years.

Proven business but could be converted to another concept if desired.

Priced at $850,000 with very generous Owner financing options available.


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Property Features and Assets:

7,000sf on 3-Acres. Tons of dedicated parking. Long term lease at $20,000 monthly includes CAM. Real Estate Taxes run $12,000 annually. Seating for 300-guests. Stunning outdoor patio 100. Bar seats 30. The restaurant includes three private dining rooms that open to own outdoor courtyards.

Market Competition and Expansion:

Proven business but could be converted to another concept if desired.

Reason for Selling:

Retirement.

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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