Two Sports Bars for Sale in N Fulton

Alpharetta, GA
Fulton County


Asking Price: Annual Revenue:
$2,400,000 $4,006,949

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Two Sports Bars for Sale in N Fulton Broker: Steve Weinbam

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $4,006,949
Net Profit: Not Disclosed
Cash Flow: $903,253
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 27
BBN Listing #: 95428096
Broker Reference #: 7632

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Business Overview:

Tremendous Opportunity to Own TWO High Volume Pubs / Sports Bars for Sale in North Fulton County Georgia. Combined Sales Volume averages $340,000 per month translating to $4 Million in Annual Revenue. Both Locations are Absentee Owned with Full Management in Place. Strong Books and Records Show Cash Flow and Add Backs Equaling Owner Discretionary Annual Earnings of $900,000. Should Qualify For SBA Lending.

Opportunities like this are rare and ideal as either an investment for passive income through absentee ownership or for an experienced owner operator. All the hard work is done for these bars for sale. Site selection, lease negotiations, branding, and ramp up. One location has been open and operating successfully for five years and has strong historical financials. The 2nd location opened in 2019 and hit the ground running, Monthly sales immediately began averaging over $160,000. Amazing long term lease rates. Combined base monthly rents of only $14,300 averaging approximately 4.3% of net sales are just one of the many reasons these Pubs are wildly successful.

Both locations are in desirable North Fulton County. North Fulton contains some of the highest ranked individual and household incomes in the state which translates to plenty of disposable income to spend eating out and on entertainment. Combined with plenty of corporate offices and businesses located in the area, both lunch and dinner traffic is strong. The menus of these bars for sale are amazing and take traditional favorites and add a whole new level of flavor. Appetizers, Soups, Salads, Burgers, and main dishes are made from scratch with the freshest ingredients. Combine terrific food with an extensive list of local craft beers in addition to a full bar and you have a winning combination.

Each location has a modern and inviting atmosphere complete with a combination of bar, table, booth and outdoor seating. Both bars for sale are a manageable size and each includes indoor and outdoor seating areas. Inside seating capacity is 75-85 per location and each venue has outside seating that can accommodate and additional 25 +/-.

The locations are on major roads with great visibility guaranteeing plenty of traffic both from residential and business customers so don't miss out. Inquire today about how you can own these profitable bars for sale from your restaurant brokers at We Sell Restaurants. Please note Buyers will be asked to provide proof of liquidity equal to 20% of the asking price prior to being provided name, address, and financials.

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Property Features and Assets:

LOCATION 1 22 bar chairs 20 chairs 20 tables 4 high chairs 1 popcorn machine 6 Patio tables 2 fryers 1 stove 1 dish washer 1 walk in cooler 1 big beer cooler 1 ice maker 4 sinks # TVs Barware Cookware Smallwares LOCATION 2 38 tables including outside porch 36 Chairs outside porch 56 Chairs Inside Long booths seats on both sides of the wall 32 Bar stools 1 ice maker 1 grill 2 fryers 1 popcorn machine 1 fridge 2 coolers floor length by bar 1 cooler by grill 20 TVs 1 Stove 1 Oven 1 Microwave POS system with terminals and printers Alarm System

Market Competition and Expansion:

1. Very high income area. A lot of IT Companies

Reason for Selling:

Other

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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