Closed Taco Cantina O4W for Lease–Fully Equipped

Atlanta, GA
Fulton County

Old Fourth Ward


Asking Price: Annual Revenue:
$25,000 Not Disclosed

Commercial Real Estate: For Lease Commercial Properties


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RE: Closed Taco Cantina O4W for Lease–Fully Equipped Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $25,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 542929193
Broker Reference #: 2010

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Business Overview:

Closed Taco Cantina O4W for Lease – Fully Equipped Turnkey Restaurant & Bar for Any Concept – No Key Money Required

Closed Taco Cantina O4W for lease is located at 480 John Wesley Dobbs Ave NE Suite 120, Atlanta, GA 30312 at the Gates of the Old Fourth Ward.

Taco Cantina O4W opened in December 2017 but absentee Owner was unable to grow business per other commitments and another open restaurant they own.

Located in the retail section of Tribute Lofts. A family-owned business, husband and wife team, Adolfo & Brianna Gonzalez strive to serve quality fresh food, delicious cocktails, with a fun, neighborly atmosphere.

Hot location with great visibility. A former industrial area, the Old Fourth Ward is trendy hub attracting foodies and shoppers. Hip eateries and indie fashion stores fill Ponce City Market, Krog Street Market in the vast 1920s Sears, Roebuck & Co. building, while Irwin Street Market is a cozier spot offering artisan foods. The Atlanta BeltLine’s Eastside Trail is a converted railway line for walking and cycling. Nearby, Historic Fourth Ward Park has a skatepark park.

Krog & Ponce Markets, Beltline, Inman Park, North Highland, and In-Town Atlanta Trade Area minutes to anywhere in Atlanta

2,400/square feet
80-seats.
16-bar stools at the full-service bar.

Long term lease with plenty of time left with an option to renew.

Excellent Landlord just installed all new HVAC units.

State of the art kitchen is fully up to code and in mint condition.

Original build out was $650,000 to open doors.

The kitchen can pump out any cuisine or volume whether QSR, Casual and or upscale.

Rent is $5,200 per month in base rent and $1,648 per month in CAM/Tax/Insurance (Operating expenses include HOA fees, insurance, property taxes, solid waste taxes and maintenance of the grease trap.)

Convert works except for a Coffee or Espresso Bar as that would compete with Condesa Coffee next door.

Dedicated parking.

The restaurant is fully equipped but all furniture and equipment are owned by the previous Owner.
The landlord has acquired assets from the previous Tenant.
The lease requires the prospective Tenant buying equipment package for $25,000.

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Property Features and Assets:

2,400/square feet 80-seats. 16-bar stools at the full-service bar. Long term lease with plenty of time left with an option to renew. Excellent Landlord just installed all new HVAC units. State of the art kitchen is fully up to code and in mint condition. Original build out was $650,000 to open doors. The kitchen can pump out any cuisine or volume whether QSR, Casual and or upscale. Rent is $5,200 per month in base rent and $1,648 per month in CAM/Tax/Insurance (Operating expenses include HOA fees, insurance, property taxes, solid waste taxes and maintenance of the grease trap.) Dedicated parking. The restaurant is fully equipped but all furniture and equipment are owned by the previous Owner. The landlord is negotiating to acquire assets. Prospective Tenant can also lease with the removal of all assets.

Reason for Selling:

Space for Lease.

Additional Details:

  • The property is leased.
  • The owner is not 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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