Atlanta Restaurant for Sale - $2 Million in Sales

Atlanta, GA
DeKalb County


Asking Price: Annual Revenue:
$250,000 $2,151,607

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Atlanta Restaurant for Sale - $2 Million in Sales Broker: Steve Weinbaum
License #: 365512, SL 3406248

Quick Facts

Asking Price: $250,000
Annual Revenue: $2,151,607
Net Profit: Not Disclosed
Cash Flow: $189,014
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 44
BBN Listing #: 97548096
Broker Reference #: 7212

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Business Overview:

Atlanta Area Long Standing and Profitable Restaurant for sale with full bar. Annual Revenue Tops $2 Million. Annual earnings for a full time Owner Operator Of $189,000. Managers are in place and long-term Service Kitchen Staff. Should Qualify For SBA Lending with as Little as 20% Down For a Well Qualified Buyer. Own this Turn Key Profitable Restaurant for sale and Bar conveniently located less than 10 miles northeast of downtown Atlanta Georgia in DeKalb County. The area surrounding this Restaurant is experiencing tremendous growth. A large shopping complex remodel, two new high occupancy apartments, and a newly announced Emory Health Care anchor to Northlake Mall bringing over 1600 jobs and other businesses are all in the works that will only increase the already strong sales volume of OVER $2.1 MILLION in Revenue. This area is home to Lakeside High School, one of the best around and six hotels within a half mile of the restaurant with the seventh under construction. The restaurant for sale is 4800 square feet and can seat 160 inside. Patrons can sit at the inviting horseshoe shaped bar, bar high tops, or comfortable booths and tables in the restaurant area. The layout is great because they can easily accommodate families in the restaurant and sports fans in the separate bar area. There's even seating outside for those beautiful fall days. Annual Rent, Including CAMS, comes to just about 8% of Sales. The owners have spared no expense in keeping the restaurant in A1 Condition. A new owner gets the benefit of a business that has been an area favorite for over 35 years, but with over $100,000 in new equipment and renovations spend in the last five years, much of it in the last six months. A new HVAC Unit was replaced in 2019 along with a new ice machine, ceiling tiles, and camera system. Other upgrades to the booths, furniture and decor have also been completed. Contact We Sell Restaurants today! The kitchen at this restaurant for sale is a chef's dream and ample in size to handle the volume this profitable Atlanta area restaurant produces. Separate walk-in Freezer and Cooler, giant hood, office, prep space, etc. are all designed to handle revenue of approximately $175,000 per month. The menu is simple and has every one's favorites such as burgers, steaks, salads, appetizers, and many other great choices. They even do an amazing weekend brunch. One of the owners would consider staying on for an extended period of time to assist the new owner. If you are looking for a long standing profitable restaurant with high six figure earnings in the Metro Atlanta Area with great books and records and a strong team in place, call today for this restaurant for sale.

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Property Features and Assets:

BAR AREA 43 bar stools 5 high top tables 4 booths with tables Falcon neon Braves neon Hawks neon World Cup neon Bud Light neon 2 Iced Tea containers 1 coffee machine 1 coffee grinder 11 TVs 2 4 keg draft beer coolers Bread warmer 3 Terminal POS System Craft beer cooler Stella draft beer cooler Large refrigerator Small refrigerator Assorted memorabilia and pictures 3 Ceiling fans Glassware and Drink supplies DINING ROOM 58 chairs 10 tables 12 booths with tables Logo neon Assorted memorabilia and pictures 6 ceiling fans 1 glass display case 3 Antique Tiffany lamps Silverware Antique refinished wooden hostess cabinet PATIO 6 Tables 14 chairs 4 ceiling fans KITCHEN Commercial refrigerator Commercial freezer Standard refrigerator 3 sandwich station coolers 3 microwaves Double door Alto Shaam oven Double door Convection oven 2 large ice machines Large steam kettle Commercial mixer 2 large fryers 6 burner commercial stove Salamander heating unit Charbroil grill 2 flat top grills 6 burner tabletop stove Chilling station table Steam table 4 foot Small freezer 2 food warmer units on the line 1 heat lamp Small steam table unit Toaster Food warmer unit 4 Stainless steel prep tables 2 bread racks Numerous commercial shelves pots pans cooking utensils dishes plates BACK OF HOUSE Computer System 12 Camera Security System File Cabinets

Market Competition and Expansion:

Local institution & Atlanta tradition recognized for 34 years; highly rated schools in area, consistent, longterm, favorable income demographics; Easy access to interstate with signage on interstate.

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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