Ultra Lounge Bar and Restaurant w/Hookah

Sandy Springs, GA
Fulton County

Atlanta Metro North


Asking Price: Annual Revenue:
$450,000 $529,535

Food & Beverage: Bars, Clubs, Nightspots


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RE: Ultra Lounge Bar and Restaurant w/Hookah Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!

Quick Facts

Asking Price: $450,000
Annual Revenue: $529,535
Net Profit: Not Disclosed
Cash Flow: $162,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 40429193
Broker Reference #: 4068

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Business Overview:

Sandy Springs (Atlanta) GA Ultra Lounge, Restaurant and Hookah Bar for Sale – High Profit – High Traffic Roswell Road Location – Owner Financing – Great Books

Sandy Springs (Atlanta) GA Ultra Lounge, Restaurant and Hookah Bar for Sale

Profitable.

High Traffic.

High Visibility.

Great Books.

2055/sf.
Rent is $4,862.93 per month all in.
9-years remain on the lease.

Opening costs $340,000.

Well established.

2021 Gross Sales YTD to November 7th is $529,535.26
2021 YTD November Net Profit $162,000

2022 number are thru the roof and better than previous year. Seller projecting $1M for 2022 Sales.

Food Sales 35%.
Alcohol Sales 50%
Hookah Sales 15%

Priced at $450,000 with Owner Financing options available.

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Property Features and Assets:

2055/sf. Rent is $4,862.93 per month all in. 9-years remain on the lease. Opening costs $340,000.

Market Competition and Expansion:

Ask broker for details.

Reason for Selling:

Other business interests

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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