Business For Sale

North ATL Restaurant/Bar/Lounge/Private DR

Peachtree Corners, GA
Gwinnett County

Atlanta - Peachtree Corners


Asking Price: Annual Revenue:
$249,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: North ATL Restaurant/Bar/Lounge/Private DR Broker: Steve Josovitz
Owner Financing is Available!
Some available.

Quick Facts

Asking Price: $249,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 831229193
Broker Reference #: 1831

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Business Overview:

North Atlanta Suburban Restaurant, Bar & Lounge w/ Large Private Room – Below Market Rent – $160,000 Net Profit

N. ATL Suburban Restaurant, Bar & Lounge w/ Large Private Room that can hold up to 300 guests in addition to main dining room.

For sale is an iconic and well known full service casual restaurant, bar and club with large room for private events.

Great visibility, Great Frontage, Great Signage and plenty of parking.

High income/ high traffic suburban North Atlanta location with tons of daytime office, retail, and thousands of residences making this a 24/7 spot.

Well Established for almost 20 years with the same owner.

Owner spent $700,000 on space including upgrades over the years. Everything is up to code. Seller warrants that everything will be in full working order.

Owner pulled out $150,000 to $160,000 annually.
Net profit is after paying all expenses, GM, Chef and Staff.

Some Owner financing available.
The Owner would also consider Partnering with a qualified and seasoned restaurant professional who puts a substantial amount down.

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:

Approximately 7,000/sf with seating for 210 in master dining room, 22 seat bar, 30 on patio and additional 4,750/sf private dining room that seats 200 with 16-foot bar. Below market rental rate of approximately $7,500 monthly plus CAM of additional $1,200 per month. Five year lease has additional five-year option to renew.

Market Competition and Expansion:

Keep as is or convert to any concept.

Reason for Selling:

Retiring.

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.

Relevant Links:

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