Turnkey Restaurant For Sale-Lounge Space Edgewood Avenue Atlanta

Business Overview:

An exceptional opportunity awaits in Atlanta's popular Edgewood neighborhood with the offering of a beautifully renovated, second-generation restaurant for sale and hospitality space. Spanning approximately 2,629 square feet with a generous outdoor patio, this thoughtfully designed property presents an ideal opportunity for an owner-operator, restaurateur, or hospitality entrepreneur looking to establish a new concept in one of Atlanta's vibrant intown neighborhoods.
Renovated just three years ago, the restaurant for sale offers a modern, well-appointed environment that allows a new operator to hit the ground running with minimal additional investment. With the heavy lifting already completed, the next owner can focus on branding, updated signage, and introducing a fresh concept to the market. The existing layout and design provide an excellent foundation for a variety of uses, including a full-service restaurant, upscale lounge, nightlife destination, or hybrid food and beverage concept.
From We Sell Restaurants, one of the property's most compelling features is its large, dedicated parking lot. In a neighborhood where convenient parking can be difficult to find, this amenity offers a significant competitive advantage for customers and guests. Beyond enhancing accessibility, the parking area may also present an opportunity to generate additional income, subject to applicable approvals and operational considerations.
The outdoor patio further expands the possibilities, providing valuable space for al fresco dining, cocktail service, private events, and seasonal programming. Combined with the interior footprint, the property offers the flexibility to create a distinctive destination tailored to the surrounding neighborhood's energetic atmosphere.
Long-term lease security adds another layer of value, with the current lease extending through 2033 and a ten-year renewal option providing the potential to secure the location well into the future, subject to the terms of the lease and applicable approvals.
Current occupancy costs are approximately $9,800 per month, all-in, including taxes and insurance. The asking price is $350,000, presenting an opportunity to acquire a recently renovated second-generation space without undertaking an extensive buildout from scratch.
The current owners are selling due to an international relocation, creating an opportunity for a motivated buyer to take over this exceptional space.
Bring your vision to Edgewood and transform this turnkey space into Atlanta's next standout restaurant, lounge, or nightlife destination. Inquire today for additional details and to arrange a private showing.
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Property Features and Assets:

Commercial Hood Vent
Walk In Cooler
8 Burner Stove with ovens
Salamander Broiler
2 two basket friers
Sandwhich Prepline fridge
commercial microwaves
reach in freezer
ice machine
warming rack
2 door under counter fridge
chargrill
tvs
sound system
pos

Market Competition and Expansion:

Unlimited potential, ability to operate extended hours on weekend to cater to evening crowds, no major restrictions. Capitalize on additional revenue via paid parking lot.

Reason for Selling:

Relocation. Kindly ask the seller for more information.

Additional Details:

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