Business For Sale

Restaurant and Bar for Sale

Not Disclosed, GA
Fulton County

Atlanta area


Asking Price: Annual Revenue:
$1,200,000 $1,741,405

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant and Bar for Sale Broker: Steve Weinbaum
License #: 365512

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,741,405
Net Profit: Not Disclosed
Cash Flow: $278,969
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 19
BBN Listing #: 41798096
Broker Reference #: 6472

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Business Overview:

Atlanta Area Restaurant and Bar for Sale. Amazing Reputation, 4-Star Plus Ratings on Social Media. Terrific Food, Wine and Cocktails. Sales and Revenue Continue to Grow. Annualized 2017-2018 Revenue of Over $1.75 Million Generating Owner Discretionary Earnings of $280,000! Great Books and Records Should Meet SBA Backed Lending Requirements for a Well Qualified Buyer for this Restaurant and Bar for Sale.

The Restaurant Brokers at We Sell Restaurants are happy to present a Restaurant and Bar for Sale, this extremely desirable and unique turn-key opportunity for a new Owner-Operator at this. This extremely well-known and successful restaurant and bar for sale "checks all the boxes." First and foremost are Sales and Income. Rolling 12 month P&L shows annual sales of close to $1.8 Million in Revenue at this restaurant and bar for sale. And with monthly sales trends showing 15-20% increases, calendar sales for the year should be close to the $2 Million mark. The menu at this restaurant and bar for sale has something for everybody...from small plates and lunch dishes to a full dinner menu consisting of great Meat, Seafood, and Pasta Dishes. Because of the diverse and all around appeal, profit margins are incredible. With close to 40% of revenue coming from the Bar, cost of goods is well below 30%.

The restaurant and bar for sale site is A-1. Inside this restaurant and bar for sale is over 4,000 square feet with a beautiful bar and seating for over 100 guests. Outside this restaurant and bar for sale is a beautiful finished patio, for an additional 50 guests. Heaters at this restaurant and bar for sale make the patio a year-round place to enjoy great food, your favorite drink, and terrific company. In total, this restaurant and bar for sale can seat over 150 customers at any given time. All this for around $11,100 per month or less than $33 per square foot in Metro Atlanta is fantastic! The lease at this restaurant and bar for sale has two years remaining with TWO 5-year options to renew guaranteeing a new owner years of growth and success. Current lease rate as a percent of sales is an impressive 7.5% adding to the tremendous profitability and cash flow.

Details for this restaurant and bar for sale including name, address, and financial details will only pre provided to well qualified buyers who have a minimum of $350,000 in liquidity or cash-on-hand to fund the acquisition. If you meet this qualification and are interested in this unique opportunity, contact your Restaurant Brokers Today.

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:

Front Door Station: Custom desk 1 IPad 4 OpenTable 17 IPads for Uncork’d wine list 2 wine glass light fixtures Main Dining room: 2 Restoration Hardware chandeliers 41 chairs 18 tables Private Dining Room 1 Restoration Hardware Long dining table 12 Restoration Hardware dining chairs 1 Buffet chest with drawers 1 120 bottle wine cooler 1 42 in TV 1 Restoration Hardware Hutch for storing wine glasses Built in wine storage for 100’s of bottles of wine Main Bar: 3 door bottle cooler 15 Bar stools 1 built in stainless sink(2) / ice / prep station Built in Shelving Custom Stainless Cabinets 1 ecolab dish machine (not owned) Tapas Bar: 4 round high top tables 19 bar stools 4 standard tables 16 standard chairs 1 high top square table 2 50 inch TV’s Espresso Machine Espresso Grinder 5 terminal Halo POS System with printers (4 remote kitchen printers) 4 door bottle cooler Keg Cooler (3 Pencil Keg) with Cobra Head Taps and Glass rinser Chest Freezer 2 Sinks (1 hand / 1 dump) Mugnaini Wood Fire Pizza oven 2 Pizza Peels Volano Cured Meat Slicer Pizza prep cooler Iron rack for wood storage 2 ice wells with speed racks Kitchen Speedrack Microwave 2 Poly-science Sous Vide cookers Custom stainless work area with refrigeration (sink attached) Vitamix blender Custom stainless shelving 2 Avantco sandwich prep coolers Custom Center island kitchen unit (Garland) includes flat top, grill, 2 salamanders, stove top, 2 ovens and refrigeration Prep Sink Pasta cooker Drawer style dry goods storage Vacuum Sealer Tool Chest Robot-Coupe Rubbermaid 150 scale 1 Fryer Juicer 1 oven / stove combination 1 low boy stove 1 prep sink Custom prep table with drawers Table top cooler Server Station: Custom stainless work station with sink Coke Machine (not owned) Tea and coffee brewers and urns (not owned) Custom stainless work area for togo items Pantry Kitchen Aid Mixer Taylor small scale Stainless shelving Prep sink 2 door cooler Ice cream scoop holder Custom stainless prep area with sink 3 storage bins for flour and sugar Hobart stand mixer Butcher block prep table Pasta machine Dish Room Custom stainless racks and dish station Glass Rack Caddie Ecolab dish machine (not owned) 3 compartment sink Hand sink Ice machine with bin Chest freezer Dry Storage 2 4 shelf metro shelf systems Walk in cooler 5 4 shelf metro shelf systems 1 dunnage rack Bathroom 1 4 rack metro shelf system 16 ft ladder Upstairs storage 4 6ft folding tables Setup for Sunday Buffet includes chaffing dishes, bowls, and serving pieces 2 shelf systems for linens and miscellaneous storage 2-piece station system 3 shelf systems for Liquor and Beer storage 2 Waffle makers Misc. Tool Box 1 Toshiba Printer (not owned) 1 dunnage rack 3 Rheem tankless water heaters Office Small floor safe 2 Filing Cabinets 30 bottle Wine cooler Milwaukee Power screwdriver set with blower and impact driver Computer Custom Desk Audio system rack with 3 amplifiers One cordless phone system with answering machine 1 12 camera security system Guest Bathrooms (2) Each with custom sink and 2 wine glass style light fixtures Patio: Patio lounge set includes 2 couches, 4 deep chairs and coffee table style seating 4 Umbrellas with stands 3 mounted propane heaters String lights 11 Standard tables 26 Standard chairs 5 High Top tables 15 high top chairs

Market Competition and Expansion:

Great Reviews Easy interstate access Plenty of parking

Reason for Selling:

New Career

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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